Raymond Kovats
FHA loan question after just doing a refinance
Hi, I have a primary residence that I just refinanced to lower the payment and possibly rent it out. Can I rent it out and get an FHA loan on another owner occupied property even though I just refinanced?
thank you
Dale Burnside
Land Contract
I have a property that I could not sell when the bubble burst. I had to move out and have been renting it out ever since. My current tenant has poor credit but she has a good job and pays consistently on time. She is ...
Brian Christensen
Primary SFH turned lease option
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $114,000
Cash invested: $30,000
Sale price: $140,000
Primary home turned into lease option
What made y...
Michael Diamond
New member from S.W. Florida
hi my name is Michael a 20-year construction vet with plans to become a real estate investor. I would like to invest in distressed multifamily properties but need guidance on how to get financed with poor credit and ...
Account Closed
Financing first live in investment property
Im going to be really honest in hopes someone could give me some valuable advice on possible financing situations. Does anyone have experience getting a loan with poor credit (low 600's) and not 2 years of work experi...
Kyria Baker
Have customers, need strategy for procuring houses
We live in east Texas (Carthage) and our area ranges far and wide since we're so rural. They say the best way to start a business is to find a need and fill it. Well, the need we're finding around here is a lot of peo...
Wayne Smith
Screening Section 8 Tenants
How important is a good credit history when screening section 8 tenants? I realize that past evictions would be an issue. Would a poor credit score (500) prevent you from leasing to a perspective tenant?
Jorge Acuna
Renting to Veterans with the HUD-VASH Program
Would it be a good idea to rent to a Veteran that is under the HUD-VASH program (Similar to section 8 but its for Veterans) even when there history, after a credit/background check, came back to show an Eviction and p...
Nancy L.
Rental properties: Your first steps?
I have a good friend closing on his first property today, a 4-plex in a lower income area outside of philly, he will be self-managing. I am trying to put together some first steps, but being only part-time myself, wan...
Daquane Smith
Taking my first step
Ok so I’m not sure if “taking my first step” is the right title for this since I have a property I’m currently living in that is paid in full and in need of a ton of renovations. That being said I currently have $10,0...