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When buying a rental is it required to live in that home personally for a year? I’ve done some research and I keep seeing yes’ and no’s.
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I am in the process of doing a cash out refi, and got notified by the lender that I will need to provide a hand-written letter (not typed, in my own handwriting) listing the properties I currently own and stating that...
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Hello all,I have come across a situation that hopefully you may be able to help. I am in the process of closing on a property but unfortunately my personal credit was hit and now in order for the closing to happen I w...
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I looked over tenants job history and they just started their jobs.I sent a standard we will not be moving forward message. Realtor asked if I could be more specific. I explained we are looking for stable income and l...
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Hi guys,
I'm new to Real Estate investing and looking for my first Sandwich Lease Option deal. I know that for any applicant that applies, if rejected, I must send/give them a written statement letting them know why,...
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I had a question about being a "Qualified Real Estate Professional". I'd like to use Cost Segregation Studies on my commercial properties to offset income from my businesses. For 2021, I started to accurately log all ...
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Hello Investors, I was contacted by a company that runs an assisted living facility / group home in Phoenix, AZ. They want to leave my SFH and use it to run their facility. This is my first time hearing about this and...
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For conventional loans via Fannie, I know that there is a 60 day seasoning for downpayment funds for conventional loan.
If you're receiving income from your W-2 employer, do these paycheck funds need to meet the 60 ...
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Ok so I offered a property to a group of 3 younger female tenants whose landlord references were very good. I was upfront about everything in terms of pre-paid rents security deposit etc. I send them the deposit...
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While you're busy learning about real estate, finding deals, and making things happen, what are your friends doing?
Are they "rat racers" like a lot of my friends are? How does it make you fee...