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Hi there,
I was recently looking at an FHA owner occupied mortgage for 1-4 units. My lender said that we could count 75% of the rental income towards income towards my debt to income ratio.
However, I recently cam...
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Hey BP Community!
Looking for your tips and recommendations
Goal was to refinance a rental property in Baltimore City, MD this Friday. 2 Year lease in place.
30 year fixed at 80% LTV was ready to go.
Monday, I r...
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Feels pretty yucky. I took some money out of my 401 K to pay back some debts. I paid off almost 6,000 in a high interest credit card , The next day my credit score dropped 90 points. WTF?
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Hi all, I'm looking to buy my first investment rental in the Northern Virginia area. Budget is 400K. Looking for appreciation and modest cash flow at least. (The more the better obviously.) I had high hopes about ...
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I am currently in the Navy and I am a recruiter in Philadelphia. I want to buy property so bad but I don’t where to start. 1) If I buy a milt family home will the bank give me a loan if I stay there as well?2) Should ...
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Brand new to this forum and real estate, currently in the army stationed in hawaii and my plan was to use my VA home loan on a duplex when i get out in 4 years and pay it off asap and start from there. Wanted to know ...
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Task:
To buy and hold rental properties, likely also including the Section 8/ Housing Choice Voucher Program (HCVP), to creat a cash flowing portfolio in Baltimore, MD.
Challenges:
1.) Finding a reliable real estate...
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Hello everyone, I am under contract for a HUD property and the appraisal came back as C-5 (not financeable). Since this is a HUD property they won't do any repairs. Does anyone have any advice for me please.. getting ...
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Hello everyone, I have a somewhat unique situation and could really use some advice from seasoned investors. My husband and I are looking at purchasing our first investment property. We currently live in Texas, and th...
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well i saw the property yesterday. has a few weird things about it .
Pex Piping , Slab foundation, no slider or door for rear access from inside the house
(have to add a side gate entrance to the rear) No garage, ...