I left my corporate job last year to stay home with my daughter and focus on our real estate business. I'm trying to determine if I can qualify as a real estate professional. I know you need 750 material hours per yea...

Our goal is do multiple properties at one time using the BRRRR strategy. HOWEVER we have noticed that banks will not allow us to include the rental income as income when refinancing unless there is a two year history....

Hi everyone. I have been studying the craft (reading books and listening to podcasts) and have heard it mentioned that some people will surpass the threshold for their DTI radio (~36%) long before reaching the maximum...

Hello bp, question about cash reserves for the bank. Currently going for my 3rd property putting 25 percent down most likely being a owner occupied property. I'm using some of my own money plus 50 percent of my 40lk. ...

What does the process look like to get a second mortgage?

I bought a condo in a 3-flat in Chicago in Dec '14. I've been fixing it up for 6+ months and plan on finishing all renovations in another 18 months. The plan...

My wife and I have started looking for a new primary residence. I hold the mortgage for our three-unit property; my wife holds the mortgage for our current home. When speaking with a lender, he indicated that if I tak...

Hi my name is Shauna and I’m looking to invest in long term rentals in my local market, Colorado Springs. Would love some input on tips for the area and what the best types of properties/strategies are for 2021 as a n...

Hi everyone, I want to buy a property now intended for LTR. However, since it’s near the end of the year, my wife won’t be able to qualify as a real estate professional to use the depreciation to offset my W2 income.I...

http://www.corelogic.com/about-us/researchtrends/n...And foreclosures are down to the lowest level since August, 2007 The 5 states with the highest foreclosures are:  Florida, Michigan, Texas, Ohio and California

They reached out to me about renting a house for people that were displaced due to a fire. I like to do 2 year lease for houses but they will be giving me 6- 9 months (Ive been getting a lot of undesirable applicants ...