Applicant has 3+x monthly rent in income plenty of savings to cover future rent, and would be an ideal tenant, but credit score is 500 due to bad debt on credit cards from a few years ago. Should that be a deal breake...
Hi,Is a income (job) required for a real estate investment loan (positiv cash flow) or is the rent for the property considered income and therefore no additional income needed?
Hello Amazing People!I’m curious to know what is your steps and qualifications to know this is a good rental property. Thank you!
How do I know if I qualify for an FHA loan? Here is the story. We bought a house in 2005 and I was the co-borrower with my spouse. We again bought another house in 2017 as a co-borrower. I never was the primary loa...
Hello All,I was just wondering how I or my LLC would qualify for a Commercial loan on a muti unit property (10 units). I have no idea how this loans work. Thank you...
Does anyone have experience with SBA loan qualifications? Looking for $2M financing. I'm familiar with the general of what a lender looks for but for this amount does anyone know in general how much liquid is needed e...
I can’t reach my mortgage agent due to the holiday weekend. I’ve been in negotiations to purchase a commercial property with a reluctant seller for some time now. He’s finally agreed on a sale price which is $25k high...
One more post before I pass out...I’ve done some research on qualifying for an FHA Loan, as I hope to use this strategy to put a down payment on a four-plex within the next 2 years.House hack it (3 Units). As well as ...
I inherited my home from my father in 2015. I have shared ownership with my sister (whom is a minor). I’m interested in utilizing the FHA 203K loan but am I no longer qualified because I inherited my home?
Hey All!So if I'm renting a unit for $1100 a month should the tenants monthly income of at least $3300 be their gross or net monthly income?