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Fannie Mae doesn't require a two year history.Freddie Mac does require a two year history. INCOME—RENTALIf any rental income is reflected on the borrower’s tax returns for the subject property than that rental income ...
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Are there any investors that buy In Kissimmee Florida?
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A good acquaintance wants to borrow money for a flip.
He is very experienced. He does not need my money in that he has other options. But if I want to invest money providing better terms than those options, he's ha...
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The investor group rep I spoke with on a 7 unit I'm interested in offering on in Cleveland told me - after I said I have no buyer agent at this time - that I have the option of going without one and it would be reflec...
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Looking into investing out of state and looking in the Phoenix area. I don't want to base everything on a "rule" or a test, but finding most deals so far struggle to meet the 1% rule, let alone come close to the 2% r...
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Got an update from the city on the proposed Residential Infill Program including some updates and some links that I wanted to pass on:What is this project about?Residential Infill Project is updating Portland’s single...
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It is an exciting time for my wife and I because we are ready to start looking for our first property! Currently, we are living in an apartment and would like to find our personal residence before June. Plan:- What we...
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Hi guys, Still new and learning. I am sure this is a repetitive topic but I need to understand what are the best ways to get financed for multiple properties. Few questions1) I can say get financed through banks for 1...
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Hello Fellow investors,
I am working with a broker for a loan on multi-family property. Broker photoshopped the Bank's original LOI to reflect higher origination fee. Later when he slipped through his fee, then he s...
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Hello BiggerPockets --
Should the net proceeds from a 1031 exchange reflect the fees already debited by the GP during the original holding period (i.e. acquisition, management, disposition, etc.) ?
And might i...