I just discovered that Freddie Mac recently began allowing property title transfers to an LLC after an amendment to their servicing guidelines, effective on 10/20/2021. Until now, only Fannie had allowed LLC transfers...
I have some how gotten by with renting to mostly individuals who earn 3Xs the monthly rent, but for roommate rental situations I have been requiring each individual to earn 3Xs the monthly rent. Is it asking too much ...
The lender that I'm working with has stated that each person can have a maximum of 10 mortgages individually. If I own a property with a partner and my partner owns the mortgage solely in their name, does that count a...
Hello BP land! I am new to the site and have spent hours reading for the past 2 weeks. Still haven't made it to the podcasts yet. Today! I am in the Tampa Bay area, Riverview/Gibsonton area. I have a 5 acre home and h...
Hey everyone,A few of my partners and I are looking at buying duplexes with cash in the Cleveland area, fixing them up, renting them out, and refinancing them in 6 months. The only way this would be possible, at leas...
I am buying at sheriff auction. There is a deal coming up in which Wells Fargo is the plaintiff and there are two defendants, the homeowner and US Bank N.A. I want to know if is at all possible to purchase the "second...
Hello, all --My wife and I are just getting started in REI. We currently own a 1br apartment in Gainesville that's rented to a dream of a tenant, and we're gearing up for the next step.We're considering a 4br for poss...
What can be done to fix this issue? The address the letter was mailed to was the exact same one in the tax records.
my girlfriend of 4 years and I just had our offer accepted and the earnest money has been dropped off. If everything goes well we will have our first home by Christmas. We live in Vancouver Washington and neith...
Hi,Im in the process of closing on my first deal and will try out managing the property myself for the first year. What software do people use to manage the bookkeeping? Excel? Quickbooks? Or is there some other prog...