Viraj M
High income, low downpayment, good credit
Hi Guys,
Stumbled on this forum via google and have spent a few days on it - seems like there are some really interesting posts here and lots of info to sift through. Wanted to run a potential scenario by you all an...
Kathy R.
Not approve due to low income
Hello everyone,I’ve been doing my research on and off. As I would like to purchase my first property to rent. However, I make 25k and was denied a 235k loan 🤭. I’m looking for a second job at the moment as a customer ...
Craig C.
Buy&Hold low income area. Your opinion?
I have heard all the horror stories of 'Bad Tenants' who trash / destroy / gut the landlords properties, and read about the how-to's on hedging against it. The thing I don't know who would fit the criteria of a 'Good...
Cheng Bin Zhang
Heat Subsidy for Low Income Tenants
Hi All,We have a low-income tenant and the rent currently includes heat and electricity. Does anyone know if me as a landlord can apply for heat/gas/utility subsidies on his behalf? Has anyone tried this?Best,Cheng
Zamir Kazi
Low Income Properties VS. Nicer Neighborhoods
I am currently investing in low income neighborhoods, finding it is easy to get 20% on rentals through regular renters and Section 8. What I have found however is that my Section 8 tenants are dream tenants, as most o...
Stephanie Lella
Pit bulls in low income housing
Does anyone have experience allowing pit bulls or other "dangerous breeds" in low income housing units? What is the liability to the home owner if I put a specific clause in the lease regarding pet behavior and owner ...
Brilliant Clayton
Bad Credit, High Income & Good Credit Low Income Joint Venture???
Another Newbie QuestionIs it possible for a person that has bad credit with high income and an individual that has good credit with low income to enter into a joint venture to obtain loans for investing? How would tha...
Nolan M.
First deal! Low income 4plx owner financing!
After a few months of looking I've got my first deal in the works. Unfortunately its 1 1/2 hours away, but its 100k less than similar properties here in the Mesa/Phx area. I figure I can manage it in the beginning and...
Aditya Namjoshi
Impact of recession, low income neighborhood properties?
I am a newbie and I am just amazed at the success stories on this wonderful forum. But I am little apprehensive about this model and I have few questions. I would be obliged if few experts can chime in.1) I live in So...
Luke Aubrey
Best "Low Income" or "Reduced Rent" Loans?
I am aware of the Freddie Mac Multifamily loans, and the USDA Rural Development loans. Any thoughts on these two, or anything similar that may be better?