Jeff Fairchild
Leasing count as living in home for 2 year rule?
If I lease purchase a home and pay a lease payment for 2 years and then find a buyer to buy it, do I still get to write off the whole capital gain amount even though I only owned it for an hour if its a double close?
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Chris Modzeleski
Does FHA count towards your 4/10 conventional loan limit?
If you have an FHA loan, does that mean you can get only 3 of the easier to qualify conventional loans, and 6 of the more difficult ones? Or, does that limit only apply to Fannie/Freddie loans? IE, if you had two FH...
Mike Malyy
Mortgage I am not liable for counted in my DTI
Hi,I am a still a small time investor and still work my W2 while I try to build a portfolio. I am currently running into an issue with some lenders which prevents me from acquiring financing. I own an investment prope...
Rita Davis
The Matchup, Your vote counts-----GAF vs Owen Cornings Shingles?
Hi BP's friends... Please give me your input on your shingle company preference and why? were there any problems, what would you remember to do or consider with your next roof purchase...any input is welcomed...I live...
Jennifer Cogley
Do Minneapolis rental licenses count bed rooms in the unit?
It seems the definition of a bed room in Minneapolis is 7 feet in any direction. MANY listings count rooms as bed rooms that clearly do not align with this definition. Do rental licenses note how many legal bedrooms a...
David Lund
Desolately Need Help; My income doesn’t count towards FHA loan
Hello all,
My girlfriend and I are trying to get a $250,000 FHA loan for a duplex to house hack. We didn’t think it would be any issues at all because combined we make enough for that loan amount. After going through...
Eric Z.
How are the 10 financed properties counted for married couple
I’ve talked to many lenders, so far I have 3 different versions of about this 10 financed property rule. version 110 financed properties per person as long as one person take the loan on each purchase. Couple can hold...
Randy Ceballos
Does house hacking single family home count as renting experience
Hello everyone,Does renting a room out with a year lease agreement actually count as "renting experience" to a lender? -I have been currently renting out my extra bedroom in my current home for over a year now. The re...
Will F.
Long term buy/hold in Indianapolis suburbs and surrounding count
Anyone have experience investing in Indianapolis suburbs and surrounding counties?What do people think about markets like Anderson IN, that have had hard times and population declines due to employers closing factorie...
Jessica Tucker Grubbs
Have equity in home count as part of down payment?
Appraisal= $258k/ purchase price = $230k/ Built-in Equity= $28,000/ Down payment cash $27,000.I have $27,000 cash to put into a down payment on the above home BUT, I need to use some (about $10,000) for a new roof/gut...