hello everyone, not sure if this is the right forum to post this question, but, i am looking into buying my first investment, as a rental property. Is there any laws that state i have to live in this residence for x a...
I'm looking at a Fannie Mae property and my realtor told me this:
That house is a Fannie May product. You would have to occupy the property for a minimum of 1 year. Would only be able to sell for 125% of your...
What's up BP,I am officially looking to make my first rental purchase in Chicago hopefully in the next 2 - 6 months. I currently own a 3 bd/1.5br home in St. Charles that I've lived at for 3 years. I am looking in Chi...
Hello All,We are in escrow on our first investment property in San Diego, CA. I was reading The Book on Managing Rental Properties by Brandon and Heather Turner. In chapter 4 "Fair Housing", they speak of a case were ...
I have come across an REO that is in excellent condition with comps selling for significantly more. The house would need basically no work other than cleaning and staging (1 week).
(It's a FNMA so this is assuming I ...
Hi all! I'm a bit confused by my HOA's CCR's, trying to clear up if they allow for me to convert my home into a rental when i move out, looking over the CCR's i see two statements saying different things."Residential ...
When wholesaling using Land Trust, there are are two forms that you use
1) Trust Agreement
2) Assignment of Beneficial Interest.
At closing when you are assigning the beneficial interest, is there...
As of right now, the seller and myself have an agreement on price and hopefully he sends over the contract tomorrow.This is a HUD property being wholesaled to me. I wont be using an agent this time so i'm taking any r...
Hello,I'm looking for recommendations of real estate agents in the Chandler/Gilbert/Mesa/Tempe area of Phoenix AZ. I would like to buy a home that I can rent out if I move and also that I can make into an airbnb whil...
Hi all, in your opinion, what are some good airbnb-friendly cities that allow for commercial airbnb (i.e. does not require the property owner to live on-site or similar restriction that limits scaling). I am doing my ...