Please point me in the direction of the thread if this has already been answered but, how do you qualify for a loan if your sole income is passive income?
Hi all,I'm looking for a great real estate attorney in the Tampa/St Pete, Florida area. Any recommendations would be greatly appreciated.Gary
Hello,Wondering if mortgage lenders count liquid assets (equities, 401K plus cash) towards the 6 month reserve requirement for a duplex (second property) or is it strictly cash? Also, I have been a landlord on my firs...
Hey everyone, I've got a question about my situation. I have an applicant that I have screened and accepted to rent my property who is on Section 8. However we haven't signed a lease, and the PHA doesn't seem to be in...
How many qualified leads does it take to net you a deal on average? And how much money do you spend on average per a lead?
I just got off the phone with a big shot investor in my area and he said it takes him 20 lead...
Hi all,Like most I am looking to buy a multifamily but unlike most I'm qualified and am actively looking. My target areas are the South Shore and along the Providence/Stoughton commuter rail line. I'm turning to bigge...
My question is if I buy a multifamily home with a partner can we qualify for an FHA loan if only one of us lives in one of the units for a year?
After reading Rental Property Investing, I’m setting up my processes and systems. With that being said, I'm working on my Pre-Qual questioning; my question is, can you ask if someone is a convicted felon, and is it l...
I got a call from a person interested in one of my properties I just closed on, which is still a month away from the rehab being done. She sounded a little hesitant about the requirements but she said that she, her hu...
I will be closing on a rental property that I have in Michigan in a couple days. The closing was rescheduled due to a change that the buyer wanted to make regarding the loan. The new closing date has not been schedule...