Kenny Simpson
12 months seasoning for CASHOUT 1 to 4 unit refinances, EXCEPT?
Fannie and Freddie are NOW going to require for 12 month seasoning to do a cash out refinance for even owner occupied properties starting in early 2023. I would NOT be shocked if other portfolio or NON-QM options fol...
Michael O'Byrne
Home Inspector / Rehabber combo role?
I am toying with the idea of becoming a licensed home inspector at some point as a way to supplement/enhance my primary interest in fix and flipping. Is anyone doing this, and if so, has it been worth it? Any pote...
Frank Macias
House hacking vs Renting
Hello BP members!What would you do if you were in my shoes?We wanted to purchase a duplex and do the house hacking idea but what if we bought a duplex and rented somewhere else?By us renting another apartment we could...
Benjamin Goodman
NNN leased bank branch closing before lease expiration
Just found out that Santander is closing a branch I own with a couple of years remaining on their NNN lease. Anyone have experience with similar situation? With they continue to pay through the end of the lease? Will ...
Takahito Torimoto
Cash-Out Refinance of Investment Property - does this make sense?
TL;DR: A cash-out refinance will make my original property negative cash flow of $250, but my use of that cash (either in the "holding" investment or the eventual STR property to put a down payment on) should more tha...
Tim Porsche
Multiple Conventional Loans with Less than 20% Down?
Hi All,I have a quick question I was hoping someone might be able to shed some light on. I currently have a SFH with about 30% equity and a duplex that I bought with 4% down and live in. I plan to buy more multi-units...
Neerav Patel
LLC with commercial mortgage VS personal regular mortgage
I just bought REO property as my own residence and renovated it inside out(which is almost done).Now I am planning on my next investment but I have trouble deciding path for finance.On one end I can get an HELOC on my...
Account Closed
Moving - rent before buying?
My family and I are planning on moving to Florida within the next 18 months. We currently own our home, and upon the sale, will have about $200K in cash. We are looking at a townhome to purchase, but my wife is leanin...
Chris Willson
Question on future rental income on mortgage application
Hi Everyone,I am thinking of purchasing my first home and have a question about mortgage applications. I have excellent credit (>800), however no history of a mortgage. I had a loan out on a car that was paid off i...
Brandon Raeburn
Gross Rent vs. Airbnb Rent
Hey, I'm new to real estate investing but spent many years watching my dad and uncles do many house flips, brrr's, and rent holds. However, the events that always stood out to me was how terrible some of the tenants ...