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Why don't lenders count rental income for loan purposes for first 2 years when you may be paying taxes on this? Are there any exceptions?
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I am looking at a really great STR house, super design, remodeled, dual master, 4 bedroom, 3 bathroom, pool, etc.... BUT it's right across the street from an elementary school and youth baseball fields. There is a 6...
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Hello everyone,
I am looking to buy 2 rental units. My Realtor suggested that i convert them into sec 8 housing, she said I would be able to get more rent for them and have very low vacancies. So, here are my quest...
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Hi BP family,I've been on BP for awhile now but have never posted on here before. First off, I'd like to say how helpful I've found this website to be when it comes to me having a question about anything real estate r...
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Ran across a listing recently which was a 3br/2ba. 2/1 on main level and 1/1 in the basement. Kicker is that the basement has a fully equipped kitchen as well. I am a wannabe househacker so this is pretty intriguin...
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I'm under contract for a multi-family house in Columbus Georgia. Its a duplex with a ADU in the backyard(its zoned SFR-2, up to 4 units are authorized on the lot). My lender essentially stated that they cannot finance...
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We are considering buying a SFR for the land. After tearing down the building, a double wide will be placed on the land for rental. I believe neighbors won't complain given that1. The exisitng building is pure eye sor...
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I own a duplex that has a crumbling foundation. In an ideal world, I'd replace the foundation and, in the process, make it possible to put a third unit in the basement. However, it is only zoned for single family or d...
Hi everyone,I was looking at potentially doing the wholesaling inc. course, but after doing some research everyone says you shouldn't pay for anything because there's enough info out there. I'm looking at starting t...