Are y’all looking for houses that are vacant (and basically unlivable)? Or houses that are currently occupied but could use some work? Or both?If occupied… are you buying tenants out of their leases? I imagine hard mo...
If I buy a house with an FHA loan or conventional loan, how long do I have to wait to buy another house with another FHA loan or conventional loan? I assume that getting a mortgage in my name will lower my credit scor...
A local loan officer at Summit Funding in Stockton wrote the following..."The maximum LTV for a 2-unit property is 85% plus it is required that you have 6 months reserves PITI. To give you an idea what that looks lik...
I’m looking to purchase my first investment property and am targeting SFRs or small multi-family. I don’t have the capital for the entire 20% down so I’m considering using a HELOC on my primary residence to fund a po...
I am new to investing in real estate and I need help clarifying a property I am looking at for purchasing as an investment. On the listing it says it is being sold as a single family residence. It also states that it ...
Hi , everyone how many 5% conventional loan or fha loan can I have at a time for multi units property on "primary residence " and how can i use this strategy to scale ,i.e buying property every year to aq...
This question is directed mostly toward those of you who have a "day job" and real estate is only supplemental to your income and/or retirement fund.
I will likely be buying a third property (for a total of two renta...
First Post! I've been trying to buy a home/deal in the Dallas area for the past 1.5 months. From analysis it has been difficult to be competitive in my offer because I'm going lower than others after accounting for th...
Working on a deal and would love to hear the collective thoughts of everyone here. This would be my fifth single family residence. I walked through it yesterday and there do not seem to be any major problems. No known...
So if I got an IRA and set that up with the max contribution for the year, would lenders be able to consider the money in that IRA as the necessary requirement of having 3 times the mortgage value post-closing? I don...