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My wife and I have one current rental, cash flowing with equity. We have tossed around the idea of moving, to temporarily (1-2 years) rent out our primary residence. The idea would be can we buy a duplex and house hac...
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I'm very curious about using rental income to help my DTI. My current situation is, my wife and I gross $9,400 a month combined. FICO scores are 740+ for both of us. We have a mortgage on our primary. Our DTI is about...
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For the first time I have a tenant who is getting a dog while under lease. Tenant had a dog previously (dog died a few months ago) so I know I can trust them with a dog. We have already said no puppies and our HOA lim...
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Happy Friday everyone. It's a beautiful day to discover the difference between get qualified and approved.
The first step to acquiring your first investment property is to understand how much you can afford for sa...
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I have a friend that wants to invest with me (using a private money contract). He wants to give me the money now but I don’t want to take it into my personal account. Do I set up an escrow account, another bank accou...
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I am a newbie landlord and am renting out my first property. Had a showing yesterday and the lady noticed a loose cabinet door in the kitchen and stainon a small portion of the ceiling. She wanted to make sure that sh...
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Hi Real estate savvies,I am closing one rental house in Redford, MI, Dec. 2016 and trying to find out the best home insurance and tenant insurance. I mean economically because it is really dollar game to maximize my p...
I have 2 properties in the ISU area (Illinois state) in normal. I have had them for about 10 years and have had the same tenants in them. One of the tenants is falling behind in rent so i will be evicting them. There ...
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Here’s my potential frugal plan to drastically reduce my housing costs in Bay Area. On Thursday begins Plan A, I’m gonna ask for a raise at my current W2 full-time software engineering job, and plan B, if that raise g...
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Hi, I am screening for new tenants, Most of the enquires are with Pets. should I allow Pets ( 1Dog & 1 Cat) in my Rental Property? (potential tenant live across the street, with one small dog and one Cat).I a...