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Hi, I'm screening tenants for a single family home and the husband has no credit history but makes the bulk of the income. The wife has excellent credit (high 700s) and the adult son (also a contributing income earner...
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Hello, I currently have 3 questions to ask. When starting out as a new real estate investor do you absolutely need reserves? I was talking with a local investor and he was explaining how I need about 20k in reserves o...
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I'm considering buying a 3-family rental property in which the entire building is currently leased to Section 8 tenants. In this area of Boston, MA, the Section 8 rental subsidies are significantly lower (15-20%) than...
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I purchased a couple residential investment properties (single family homes) 6 years ago and refinanced for 15-year terms. Now, I would like to leverage my money and have been advised to consider refinancing some of ...
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Hey all, I have a question about the requirement that necessitated 2 years of rental history to be shown before allowing that rental income to qualify for a conventional loan. I may be misstating this, but I think th...
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I'm an aspiring real estate investor and I just applied to take my real estate license exam. However, I'm not interested in becoming a salesperson, but rather in obtaining MLS and lockbox access. My thinking is that...
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Hi, im in San Diego California I have 2 properties one property that rents for $280 less than my mortgage and the other that rents for $800 less than my mortgage. Both have a pmi i could wash away probably in a year. ...
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I'll become a first time landlord in the next few months and asking for tips & advice. Does anyone have samples of good detailed rental agreements and applications, particularly in the state of Oklaoma? Should I h...
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I am looking at my options for financing some properties, and I'm a little bit lost. I've got five conforming loans, a high income W-2 job and spotless credit. Theoretically, I could qualify for five more loans. I'...