Caryn Musgrave
GNND Loan Approval
Greetings,I am a teacher in Hillsborough County, Florida. I'm interested in purchasing a home on the Good Neighbor Next Door program, however, I'm concerned about the approval process for the loan. I understand that I...
Alex Smith
2% Rule on BRRRR Report listed as a Percentage
Why is the 2% Rule under the Financial Info on the BRRRR Report stated as a percentage? I expected it to be a dollar value calculated as .02 X purchase price.Can someone please help me understand why it's given as a p...
Rob Anderson
"Affidavit of Occupancy"- Advice NEEDED!!
Background: 3 1/2 years ago I purchased a house using a FHA loan with the sole intent of owning and living in the property. Now my finances have allowed me to look into investment properties and I would like to pro...
Javier Ontiveros II
How do I climb the mountain
So, I finally made the decision to take control of my finances so I could eventually free myself from my 9-5 enslavement. My wife and I bought a triplex for our first home as an owner occupy. The rents are paying the ...
Michael Laskowski
RUBS Lease Language and/or Addendums
Was researching RUBS and possible implementation to offset some water and sewer utility bills that are master metered for a triplex I own in CT and was looking for sample lease language. My unit is too small for the c...
Christian Allen
How quickly can you get another FHA loan?
I used an FHA loan for my first triplex to househack and after a year would like to use an FHA loan to househack another triplex. My mortgage broker told me I would have issues with this because the underwriter would...
Lee Majors
Occupancy and rental strategy
I see lots of questions about occupancy requirements but none that specifically address my question.I am interested in building a portfolio of an investment rental properties. To do this, I would like to buy and occup...
Steven Jordan
Looking for mentorship/advice.
Hello BiggerPockets community, I am new to the world of investments and seek to achieve financial freedom. I am resided in the Staten Island NY and will focus in the Albany, Brooklyn, Staten Island and New Jersey area...
Stone Denning
Newbie looking for suggestions
Hey everyone, so I thought I was ready to buy a house but im a little lost. Here’s my situation. Currently I am averaging about $8-$10k a month with my part time job and my business in total. I write off everything I ...
Nick G.
Cash out LTV on primary in NY
Hey Mortgage Pro's, What LTV are lenders offering now on a cash out refi for a primary owner occupied in NY? Specifically in Westchester county. Also what's the average seasoning time to refi?Thanks!