Terre B.
Done with working for someone else, need to invest.
8 May 2018 | 3 replies
@Terre Brizzolara what Gomer means is that you still have to have income to qualify for an FHA loan even if the rental income covers all the expenses plus.
Tom Saraf
Tenants haven't paid rent in over a year, and now in foreclosure!
15 May 2018 | 7 replies
She has been renting here in MA herself, and her tenants in ME were basically just covering her mortgage there.
John Janik III
Hard Money Lenders which 1 is the Best
8 May 2018 | 2 replies
I get a warm fuzzy feeling knowing there is only enough collateral to cover 40% of the loan.
Hollie Wells
Should I sell townhome and pocket $125,000 or keep and rent out?
13 September 2018 | 5 replies
Here’s the caveat...I just went 1099 with my job, so every lender I go to says I need 2 full years as a 1099, before they will cover a note.
Alex Nelson
FHA Loan Details and Advice
12 May 2018 | 4 replies
If i move out after a year, do i have to cover whatever the difference is from the 3.5% to the usual 20% or so of a conventional loan?
Tom Smith
What is the lowest rents could go? How to prevent foreclosure?
10 May 2018 | 9 replies
In my case I would probably have to experience a rental drop of 25-30 percent before my rent would not cover all my fixed costs.
Steven Nguyen
How to properly ternmiate a month to month lease?
9 May 2018 | 7 replies
so be it... at least they let you know ahead of time instead of trying to cover it up or get away with it.Scenario #2The kitchen outlet is no longer working and wants you to repair it!
Mindy Jensen
Big Island Volcano Eruption: Does Insurance Cover This?
10 May 2018 | 7 replies
You can get insurance to cover volcano damage, just like you can get earthquake insurance in CA.
Tammy Bentley
New investor Vacation home/ Short term rental buying with 401k
11 June 2018 | 6 replies
Please see the following for more on this and here is the particular section that covers the mandatory 20% federal tax.https://www.irs.gov/retirement-plans/plan-particip...
Aaron Cayabyab
FHA for a four plex
14 May 2018 | 8 replies
This means that you would likely only be able to use 1 unit's rent as you will occupy the other, which means you might not have enough income to cover the mortgage requirements.