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...

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...

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...

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...

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...

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. ...

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...

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'...

Changes That Will Affect the Entire Real Estate and Mortgage IndustryThe rules are changing for mortgage lenders. The consumer Financial Protection Bureau (cFPB) is replacing some of the forms used at closing and requ...