My Goal: - Purchase a Multi family house in the DC area (inside of DC or in Virginia or Maryland) My Situation:- I own a Single Family Home, which is my primary residence, that I purchased in 2016. However, I have nev...

Howdy, a newbie question.
was trying to verify 3x income requirement. Got application using smartmove where it says income as xx but paystubs show different? Should we consider pay stubs as source of truth?
Also app...

I have been speaking with a few customers and conventional loan officers lately regarding 30yr financing on investment properties and the rates I am now hearing are north of 5%. They tell me this is due to Fannie Mae ...

Hello,I was wondering if anyone had any experiences with house hacking a 5 bedroom 2 bathroom property? I'm thinking that 4 people sharing one bathroom is not ideal but want to know if anyone has done it before and th...

Hello everyone,
I am a relatively new investor looking at a 36 unit multifamily property in Indiana. I entered my email/phone on the listing brokerage website to get access to the offering memorandum (OM) but otherwi...

I currently have a SF home and about 60 days away from completing a total gut rehab within a partnership. In this new pandemic reality, I've decided not to reduce rents. I am, however, thinking about giving early paym...

I am looking to acquire a 4 unit property that is selling for $750,000. My lender is telling me for conventional financing at 30 year term that there is a maximum loan limit of $453,100. So I would need to come up wit...

Hello! I haven’t received payments for 8 months. I have an eviction in process however in Chicago evictions are stayed until December 31st. My tenant has not been paying since March and I got denied for EDIL assistanc...

Is your credit score affected significantly- If you have multiple properties, you own them in an LLC and are the required to provide a personal guaranty? Just hoping to BRRR as many small multi (2-4 units) properties ...

I will be BRRRR a property soon. When I refinance I plan to add a co borrower to the loan because my DTI ratio is too high to qualify on my own. My question is how can I remove the co borrower from the loan in the ...