I was told by my mortgage broker that in order for a property to qualify for an FHA loan, 85% of the gross market rent for all units in a 2/3/4-plex must be more than the PITI, otherwise they won't approve the loan. ...
Hi all,
Long term BP member but infrequent poster. I currently rent in SF (SoMa) but starting to consider a MF purchase in Q1 using a FHA loan. The idea would be to move into one unit while renting the other(s). I do...
Curious to see everyones thoughts on this topic...I currently have a property management company, but want to make the leap towards self-management. I live in Germany, but my rental is in FL. I'm nervous about making ...
I have been lending money to RE investors & earning 13% plus points sometimes.I am curious as to the pros & cons of continuing rolling my investment into other investors deals or starting to build a real estat...
I'll try to not be generic and over-generalize, but I keep seeing websites and offers for investing into turnkey managed properties who rent out the properties, where during the first year you're promised 10% to 15% R...
Does anyone have any experience investing in Costa Rica? I would like to buy a future retirement home to get away from the cold winters but in the meantime would love to rent it out as a vacation rental.
What are the...
I tend to shy away from homes over ~20 years old to buy and hold for long term renting. This is because I'm concerned that even though the things in the house I can see look great things like the electrical, plumbing,...
Lol no this is not a riddle. I actually had an applicant that was going through the screening process with the HOA of my community request to withdraw the lease agreement. The applicant did not want to wait any long...