Bryson Scott
MultiFamily Purchase under FHA in Los Angeles
Hi all!I am currently looking for financing under fha for my second multi family property.I’ve spoken to a direct lender and a broker who gave me the following responses:The direct lender said: I need to find a proper...
Erik T Reid
I am still considering my self as a newbie,
I've purchased a few owner-occupied properties in Washington, buying houses and fixing them while living in them before moving on to the next. Over 12 years, we've managed to save a bit. I worked for a nearly century-...
Courtney Walsh
Hi I'm Courtney
To begin, I'm an Animal Science student from Cornell who is also interested in investment housing. I hope to learn how to have a successful, diverse and large portfolio so that one day I will not have to depend on wor...
Monica Davies
Getting a 4-plex loan
I was just told no by my lender on a 4-plex because it doesn't meet the "self-sufficiency" test for a FHA loan. Apparently, 3/4ths of the rents need to pay the mortgage. I think this is a great rule, to protect people...
Brie Schmidt
New Loan Limits - Chicago
YAY! Loan limits have been increased for Chicago on conventional loans! This means the 5% down, 20% down, and 25% down loan programs. My bank can start using the new loan limits as of December 3rd. Message me for ...
Michael Raymer
401k rollover to a self directed 401k or self directed IRA
just a quick couple of questions about this topic.. 1 - how much do i need in my 401K to qualify for a self directed IRA.. i have around $23,000 in my 401K2 - do i need to quit my current job to get the ball rolling o...
Sunny C.
Self directed Ira with partner
I have a self-directed IRA and we have found a property that I need to rehab as my self-directed IRA does not have sufficient funds I have entered into a partnership with an individual and we are going to go 50 50. On...
Sara Lung
Upcoming Calif casino, will it cause RE to skyrocket?
Do the experts here think the real estate values will explode with the arrival of a casino in Madera, CA? I have non Real estate people around me, who don’t think anything of it. but I think this is going to make M...
Jose R Carmona Garza
Buying a Multi-Family under market value for Rehab in Central NJ
hi All,I've finally decided to invest in RE and I'd like to do the following using FHA:* Buy a Multi-Family property under market value in Central NJ that requires some rehab. i'd prefer that the unit(s) for rent are ...
Chris Ready
Looking up owner information in Los Angeles County
Hi all,Looking up owner information in Los Angeles county appears to be harder than in other counties as the information is not available on the county assessors website. How does everyone get around this? The records...