Joe S.
Don’t count your chickens before they hatch… I mean Houses
The old saying is don’t count your chickens before they hatch. About 3 weeks ago I got four contracts to purchase houses in about a five day time span. I know that’s small fry for some people, but that was the whole h...
Bryan Hancock
The Wall of Shame - Post About Your Bad Guru Experiences Here
I saw a "Wall of Shame" referenced in another thread and thought it was a great idea that has never been followed through on. The purpose of the Wall of Shame is to out RE gurus that people have had poor experiences ...
Bryan Hancock
DTI Ratios For FNMA Loans When Borrower Has Rental Properties
Okay...With all of the threads going around about FNMA properties 5-10 I wanted to clarify how "DTI" is calculated for rental property for both the front-end and back-end ratios for:
1. Rental Property With Mortgage...
Dustin Palls
FHA OwnerOcc 4-plex - Purchase from my LLC???
Hello All,I currently own and rent nine properties, 3 of which are financed (conventional), 6 of which are paid for. I have found a lender that will allow me to do a cash-our refi on the 6 and hold title to all 6, but...
Jeff Klein
Texas Tax Deed Questions
And I am educating myself about buying Tax deeds in Texas.I spent a week or two comparing all the state’s tax liens sales and tax deed sales…and came up with Texas. Anyone here invest in Tax Deeds/Liens? If so, can...
Marqus Freeman
A Landlord's Insight...
From your own experience, what is the MOST EFFECTIVE and CONVENIENT way to collect rent from your tenants? How did you learn this?? GO!!
Erik Trefzger
Does Seller Financing Count Against Fannie's Limit?
I've browsed through the forums and wasn't able to find anything on this, but I'm sure other people have this same question. I own 6 properties all financed with conventional 30 year mortgages. I'm considering ad...
Chris May
How to locate 50% DTI lenders
I've got a problem that I'm sure many other people have faced, but I'm running into dead ends left and right.We owner occupy a duplex in a very high cost area, and are trying to move to North Carolina. We'd like to bu...
Matthew Conner
Legality of renting 1 br apartment to single mom with 2 kids - PA
Hi,I'm in a new situation to me. I have a 1 bedroom apartment in Pennsylvania I'm renting out and a potential applicant that is a single mom with 2 kids under 2. Qualifications aside, is it legal to rent to her? I kno...
Mark Koontz
More Bedrooms vs Better Living Space
Good evening, I am currently flipping a ~550 square foot house in a low income area. Population is ~50,000. Median household income ~$41,000. The house is a total gut with an entire new floorplan. I decided to go with...