Andy Wu
FHA 90 days rule, how it exactly count and more
Hello,I have a house I bought in March 22nd and rented it as lease to purchase. Now the tenant want to buy it with FHA loan. What is exactly the earliest closing date for house can be sold.Is it can be closed on 6/21...
Jonathan Taylor Smith
From ZERO to EIGHT Properties & Counting in 2 Anniversaries
Today is the 17th Anniversary of Marriage for Renee Smith and myself - and I'm even more infatuated with her today than I was when I meet her 20 years ago!However, I must confess that for the last 2 years, I've had a ...
Matthew Ormsby
RE agent specializing in multi-family in davis count, utah
I'm looking for an agent who specializes in multi family buildings in davis county, utah. any recommendations?
Chris Mason
FNMA will count lease option higher rent towards down payment
Who knew? Take a look at this little guideline from the 2005-2007 era that doesn't appear to have been significantly revised:The biggest problem I see here is that FNMA isn't going to honor whatever you write as the r...
Justin Smith
Does a DSCR Count As A Fannie Mae House Spot?
I finally made it. I have 10 mortgages in my name and 10 mortgages in my wifes name. Ive been reading about DSCRs for a little while and several of you have provided some great answers. Now heres my issue:-I am out...
Gloria Mirza
do mortgages in spouses name count toward 10 home limit?
My husband has 10 financed mortgages with 10 fannie mae loans. If I am put on title will those 10 mortgages count toward my 10 mortgage limit? Does the debt/income from those properties affect my DTI?
John Stamos
Real estate Licensing course counting towards real estate professional status?
Hi, I looked into REPS and my spouse meets most of the criterion. My question is the following…Do the several hours taking a Real Estate Licensing course and exam count towards Real Estate Professional Status? My spou...
Richard C.
Cash Flow Vs NOI: Does the mortgage count as expenses?
Hi BP members,Can anyone please clarify the difference between cash flow and NOI? At first, I thought they both are the same thing until I started researching up on other stuff like the term Cap Rate, which confused m...
Jennifer Hamon
Do funds in a 401k plan count as cash reserves?
I live in a HCOL area (Boston) and am aiming to get started on a house hack next year. My situation is perhaps a little unusual in that I have a relatively new big tech job where about 50-60% of my compensation is com...
Brady Ascheman
Does LLC make your properties not count against personal DTI
Hi everyone,
I have heard from a couple different people if you keep investment properties in an LLC it doesn't affect your personal DTI for banks. Can anyone elaborate on this or tell me if it is true?