Sam Jurgenson
Advice on house hacking
20 November 2018 | 22 replies
I have listened to numerous podcasts, read some books (including Josh and Brandon's newest one) and the main theme after doing some research is to obviously get on BP and start networking.
Kumar Tummalapalli
When to gut rehab vs cosmetic rehab
3 November 2018 | 7 replies
Current condition - Badly damaged and very boxy layoutThanks Much Does that include finishing the basement?
Philip Amundson
Looking For First Deal: House-hack and FHA Financing
14 November 2018 | 21 replies
Also, you can get a loan that includes repair funds.
Blake Luken
Master suite or leave as second floor bathroom
5 November 2018 | 2 replies
My idea is to expand what will be the master bedroom to include the bathroom on the second floor into a master suite.
Logan Fast
Fannie/Freddie guidelines for house hacking
12 December 2018 | 13 replies
Freddie DOES allow 75% of the market rent on the other units to be included in the income calculation.
Sammy Lyon
Comparing Landlord Insurance quotes
13 December 2018 | 4 replies
Given the pricing is the same, use the list below to eliminate the policies that do not include as many of these coverages/forms.1) To limit your 95% of your financial risk, I would start with the following - $1M Liability, Replacement Cost, Agreed Value, Special Form, and Loss of rents.2) Secondary coverages you may want to consider if your building is susceptible to these risks, Building Law and Ordinance, Sewer Back up, Contents coverage, Flood.
Ray Rhoads
House Hacking with FHA, but can’t get Pre-Approved...
6 November 2018 | 4 replies
(2 years of tax returns business and 2 from personal, P&L statements down to the month, invoices, and since you have 3 extra units make sure you include the potential income you will have with tenants in the property.)
Bryson Gilbert
How do I learn the cost of repairs?
7 November 2018 | 12 replies
If a 1250 sqft home needs to be completely remodeled (not including foundation work).
Brian Washburn
First Rental Property in Omaha, NE!
11 November 2018 | 3 replies
-Located near 2 major hospitals and 3 Universities -Original Rehab included 100% new bathroom, 100% new plumbing in the house, electrical updates, all new flooring, all new paint, and the addition of one new wall to create a "true" 3rd BR.
Eric O.
Consolidate consumer debt into HELOC to lower DTI?
5 November 2018 | 9 replies
@Eric VeronicaYeah 33% DTI calc when including rental income.