I often see people post about using HELOC funds for additional capital towards REI, but have major concerns regarding credit impact. Does a high balance on a HELOC negatively affect your credit score?  The Transunion ...

We are trying to move out to a current house - convert to rental and buy a new house owner occupied. It seems like we are not able to get financing as the lenders wont count the income from the rental property until a...

Hi everyone, real quick questions!
Question #1
As far as conventional lending goes for investment properties.

I have $26,000 in my Roth IRA of which $21,000 is my direct contributions. I am able to take this $21,000 ...

I farm to a particular condo complex in my market.  It's a great area with a strong rental market.  However, the HOA has restricted rentals in the complex; no owner who bought after 2010 can rent out their unit but in...

This one is for all the lenders out there.Normally when you get a conventional loan for an investment property you need 20% down. Also lenders want to see 2 year of rental income before they count any of the rental in...

Our city has changed to owner-only utility services (water, sewer, stormwater, and solid waste removal) billing where all accounts are being converted from tenant to owner and will now be billed to the property owner....

Hey Everyone,I just graduated college with no debt so I want to buy my first property and House Hack with college students, I found a property currently selling for $175,000 dollars, but I think It can be negotiated t...

I have a close friend who's shopping for financing on his 7th home. Mortgage professionals are looking for far more reserves and qualifications for this home. it was explained that this happens after you have 6 homes ...

Hi everyone,Hubby is in the process of getting a conventional loan for a single family investment property. Put 25% down and tons of reserves (over 100k).  He has also owned and managed multiple properties for several...

I was able to save up enough money for a down payment for a 2nd rental property.  However,  I dont have the income to qualify for the mortgage.  Any suggestions on how I can go around with it?