Fannie Mae will allow you to count Boarder Income if you are purchasing a new Primary home, have had renters living with you for at least 13 months, have proof of receiving rental income for at least 9 out of the last 12 months, if you qualify for Fannie Mae's HomeReady program (which is an income limited program, you do not have to be a 1st time homebuyer to qualify for this program).

I decided to change career after having worked with films for more than a decade - and I have always had an interest in real estate.

Or is it simply cosmetic or preventative or an upgrade?

A link to FilePlace is at the bottom of every page, so it is easy to find.If you have technical issues, send an email to [email protected] and someone will help you.

I am all ears if anyone has any wisdom to impart to a newbie.So, I recently launched an LLC and I am working on getting it certified as a Woman Owned business; not sure if that will help in any way, but I figure it can't hurt.

,This situation might be very specific but I am needing help solving this issue.I have someone who would like to sell me their Airbnb House they currently have it under a VA Loan with the Local housing authority. it is assumable but would require me to put more down and would limit their use of the VA Loan until i refinance out of it.the Local Housing authority has been calling mortgages due to anyone they find that are owner financing homes while still having an active mortgage from them on. 

This is an important distinction because it allows you to maximize your tax benefits across your portfolio. 

I've tried searching the forums, but couldn't find an exact answer to this question. 

The people advising to put properties into LLCs and not the loan, and add additionally insured to their policies have no idea what they're doing.The fact is everyone doing this in an attempt to limit their liability, is actually doing the opposite and greatly increasing their liability.

More I read it the more its just an AI post.