Joe Maris
Missing Info for Property Managers and Investors
22 January 2024 | 9 replies
In most states a property management company is required to be a real estate brokerage.
Brian Windle
Investing in Augusta, Georgia
24 January 2024 | 25 replies
The cheaper homes will cash flow well but will require heavy management and tenant issues.
Brandon Gall
Grand Rapids and potentially other areas
23 January 2024 | 10 replies
They are immensely easier to close and qualify for, and require less documentation.
Kristin Vanderkin-Jus
New to MTR-what to charge for rent 1st & Last & SD ???
22 January 2024 | 8 replies
We require the first month's rent and deposit upon booking and never had any issues from tenants about that.
Nicholas S Sally
First Future Rental Property Purchase Advice!
23 January 2024 | 3 replies
It doesn't have a first-time homebuyer requirement and it's eligible for duplexes.
Claudia Acanda
FHA Loan Source of Income Question
22 January 2024 | 3 replies
Remember if you have no income source, they will need to qualify with their Debt To Income (DTI) alone.Credit Requirements: Good credit scores improve approval chances; both you and the co-signer's credit histories matter.Debt-to-Income Ratio: Typically, a maximum 43% DTI is required, comparing debt payments to monthly income.Down Payment: A minimum of 3.5% down payment is needed for credit scores 580 and above; 10% for 500-579 scores.Residency: You must occupy the duplex as your primary residence for at least a year.Property Standards: The duplex must meet FHA's safety and structural standards.Alternatives: Consider other loan options like conventional loans or first-time homebuyer programs if FHA isn't suitable.Best of luck,KC
Tim Ivory
Where can I find contracts to use for Subject To Deals?
23 January 2024 | 10 replies
@Tim Ivory would you be willing to share the actual documents required to complete a subject to deal?
Pradeep Velugubantla
Brokerage fee for the buyer
22 January 2024 | 2 replies
While it is ok for a real estate brokerage to charge this fee, it is never required.
Leo Quinones
Airbnb Arbitrage in Orange County, CA
22 January 2024 | 0 replies
Have also modified booking requirements to where I mostly host guests for 7+ day stays.
Leo Quinones
Airbnb Arbitrage in Orange County, CA
22 January 2024 | 0 replies
Have also modified booking requirements to where I mostly host guests for 7+ day stays.