We have been discussing this at my office all day. I don't know much as this point, but here's what I know: "Fannie Mae is tightening the underwriting criteria for second homes and investment properties, the governmen...
I am looking at adding an out of state triplex to my rental properties. Normally I can figure This stuff out on my own. This is my first time trying it with non conventional financing. Before we get all excited a...
I've seen a lot of discussion around this, but most of the info was from 5+ years ago and the answers were all over the board so I hope someone can guide me in the right direction (a referral to a lender licensed in L...
Considering money is cheap right now, it makes sense to borrow as much as you can. However, a larger down payment reduces the monthly payment and helps increase cashflow. Plus, if you have a larger amount of equity, c...
Hello! My name is Klesta and I'm brand new to these forums. I have been listening to bigger pockets for 10 short weeks now, but I feel I have learned more here than in any of my years of attending college or the MBA p...
Hi all. I need some advice. I have been trying to get my real estate investing started and I just seem to continue to sputter. I do have one unit and that is doing fine. However, I had a private investor whom has ...
Hey, I purchased and rehabbed a house last year with a HM loan. Back in November I applied with a new lender for a 30 year fix mortgage. We are cashing out to buy a different property. The lender took until Januar...
Does anyone know of any good home security systems with outside perimeter cameras that doesn't need wifi connections for a student rental?
Hello BP,
I have been working on finding a property to invest in. I have about $30k for a down payment however I am not able to qualify for a conventional loan because my debt to income ratio is too high when the mor...
Hey all,I am looking to buy and move into a 2nd property (my first SFH will be turned into a rental). I am looking at some local brokers/banks and can get around 4% for a 30 yr conventional 5% downpayment. I am seeing...