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I have a question regarding mortgages for personal property. I just heard from our lender that we have plenty of income to cover the new mortgage we want BUT they can not make it work on paper. I work a W2 job, own a ...
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What is your opinion of Trans Union Smart Move credit and background check service? Has anyone used it? Do the reports give sufficient information to make a good decision?Do you collect the $35 from the tenant and r...
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So to all of you out there that use hard money to buy your flips, are you making a cash offer or an offer to purchase with a mortgage? Someone asked me about this today, and I have no experience with this. The group I...
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Hello everyone, I am a motivated beginner with some questions about getting involved with real estate investing.
Right now I am renting from a landlord, don’t own a h...
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I am looking to house hack my first rental property with an FHA loan. A 3 or 4 family in Rhode Island. I was wondering if I should go to a mortgage broker or go shop mortgage lenders. I am very new to this. Any feedba...
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I've been browsing for a while to try to figure out what are typical down payment and interest rates for loans as you increase the number of loans in your portfolio and I still can't get a good grasp on it. These lim...
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Hello BPers,I just started renting my condo to a tenant at the beginning of April. Upon speaking with two loan officers on conventional loan, I received quite contrasting answers. My questions was if I'm getting ren...
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Hello all,
I have a couple of questions regarding realty that I have been getting conflicting information on from my broker and various other agents and haven't been able to find much help online, so maybe someone he...
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Shopping for a home loan is a big decision, and it's worth it to find a loan officer you can trust. You deserve a great home loan experience every step of the way.
To avoid being caught by surprise when you’re alread...
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Thought of this last night...sure it's nothing new:
Before you sign a tenant, visit their current place of residence & speak to the neighbors. "Was the occupants loud? Any trouble caused? Was the grass ever too h...