Those that rent to low income tenants:
If I were to institute a policy of no prior evictions and felonies during the screening process, do you think I would eliminate my entire rental base?
What are your standards w...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $49,500
Cash invested: $63,000
Buying multi family buildings below market value for the highest ROI while st...
I am looking at buying rental property in Kalamazoo and have come across a few turn-key places near rough areas. I am tempted to buy cheaper property but am thinking I may be trading low purchase prices for more tenan...
I am really drawn to the idea of building a large portfolio in low income and affordable housing areas. Areas were 90% or more of my tenants will be on sec 8 and government assistance programs. Some of the concerns I ...
Is anyone familiar with the USDA loans and where I would find a specific lender for that is specific to working with these types of loans. Being that I am a single parent and only work part time I think I would qualif...
I am a student so I don't make more than 25k a year. How do I get approved for a mortgage to get my first rental property? Will I get denied for not making enough money? Purchase price I am looking for will be 60k-80k...
For those that are actively investing in low income housing, what are some pros and cons you have experienced in doing so? Do you buy existing properties or develop?
I am looking to buy my first home. I intend to live in it, I may use it as a rental down the road but I will definitely live there for at least 5 years. I have a low income due to medical and insurance reasons. I'm ju...
Hello! We've owned our house (3 bd, 2 ba) for a few years now and are considering turning it into a rental in the next few years. We live in a good area of Portland, great access to major freeways, accommodations, and...
Ive been saving up my money and and was hoping to be able to find a multifamily this summer, but today I went and talked to a lender just to get some general information on loans (mind you the person I talked to wasn'...