Forgive this completely noob question, but my husband and I will likely try to finance our first property the uncreative way with a conventional loan.Does anyone know what a lender is likely to require regarding down ...
Just wondering if people are typically holding additional money for large Capital Expenditures when purchasing a rental property in a high rise. I have money put aside in my calculations for repairs and maintenance (...
I found the following and thought everyone should read this:
Rights and Responsibilities of Landlords and Residents in Preventing Housing Discrimination Based on Race, Religion, or National Origin in the Wake of the...
My name is Mariano and I just got into real estate investing. Right now I’m reading books to further my knowledge about investing. My question right now is can you have multiple mortgages or only one at a time. Or do ...
Hello everyone,
My husband and I have 2 kids and have already started looking for properties in the Hampton Roads area of VA. Family of 4, ideally I’d like to live in a long term single family home. House hacking jus...
I have listened to the BP Podcast for months now and just recently decided become active in the forums. First off, everyone here is great. The advice that is provided on this site free of charge blows my mind. So than...
Hi all, what's the term commonly used for that emergency fund one should keep to cover mortgages on rental properties if they're vacant? Some of the folks I've talked to in my local area call it a "sleep well at nigh...
So I was listening to a podcast yesterday and I heard someone mention that when you borrow for loans in excess of 4 mortgages, lenders require 6 months cash reserves for the sum of all mortgage payments. They went on...
Hi all! I am looking for connections to a lender that will use projected rental income as a portion to qualify me for a FHA mortgage. This is allowed under Fannie Mae guidelines but I am having a hard time finding som...
Some background. We have two investment properties and our primary (which will also eventually become a rental). We buy as primary residences, live in, renovate, rent out, buy again with a primary and repeat every fe...