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Hi everyone. Thanks for taking the time to read my post.I'm a new investor and currently own 2 houses, one of which is my residence.House #1. Used a VA loan 26 months ago not very much equity. Cash flows $500 per mont...
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My attorney did a search and talked with some colleagues and determined that I would need a mortgage broker's license to lend private money. Since 9/17 it has been law. Some folks are still doing it, of course. Maybe ...
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Many States such as Nevada, Arizona, and even Utah are imposing stiff fines for paying broker fees on residential hard money loans. Under the new SAFE Act and Dodd Frank, many States have imposed a requirement on hard...
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Hi everyone, Could I ask it is okay to state that I do not accept section 8 voucher in the Ads in Massachusetts? Thank you,
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If I'm living in a house under a rent-to-own contract does it count as an interest in real estate? Specifically for the purpose of qualifying as a first time home buyer, assuming the qualifier is "does not hold an int...
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My wife and I have 11K saved up. We want to start investing in real estate. We have some consumer debt we need to pay off, our credit score is excellent, and we have educated ourselves a bit. What advice do you exp...
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Hi All,
Looking for a sanity check here with a potential tenant.
He called on a property, loved it with 2 minutes of walking through it (almost no one loves this property as it has a strange floor plan) and emailed...
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The Federal Forbearance, eviction, and foreclosure moratorium programs are ending on 7/31/2021. Currently there are 2.2 million homes in Active Mortgage Forbearance. The CFPB recently put in the following rules for fo...
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Hi, I have been seeing a lot of posts about tenants applying for a lease through a property manager, and getting denied for a low credit score. Whether its for a rental property or multifamily, I assume investors meet...