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This one is for all the lenders out there.Normally when you get a conventional loan for an investment property you need 20% down. Also lenders want to see 2 year of rental income before they count any of the rental in...
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What is the verbiage used if I am buying and the price is determined by final loan balance as of closing?
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How do you find a great Real Estate deal? What are some of the things you have personally done that you have found to be successful?
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I need some advice on purchasing additional investment properties with the use of an investors money. I purchased my first rental SFR two years ago and have definitely learned several "do's and don'ts" in the past 2 y...
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Hi BiggerPockets Family!I have been sending direct mail all at once at the beginning of the month. What i am noticing is that calls will come in for the first two weeks, leaving the next two weeks without any sometime...
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Hi everyone! Im looking to finance a multifamily property with fha loan. I just wanted to know if projected rental income from subject property can be used as qualifying income or not for the first time home buyer. I ...
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I'm familiar with the basics of FHA loans, but haven't worked with one directly in 5 years, so I've heard a lot has changed. When it comes to qualifying for a multifamily building, how does the FHA treat rental income...
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Hello Bigger Pockets Members,I am considering making an offer on a property using my SD 401K Trust that has existing financing. The financing is a loan carried by the previous owners, who may consider allowing a new b...
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BP,Just wondering what level of insurance everyone has got. I feel like I'm a little over insured and just wanted to see your thoughts. I am into my properties for around 85k-100k (that is there market value) and my i...
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I started out with buy and hold to off set my wife's income when we started to have children and it has work out great so far. It has been 6 full years and we now have over 40 units with a few single family's, duplex...