One more post before I pass out...I’ve done some research on qualifying for an FHA Loan, as I hope to use this strategy to put a down payment on a four-plex within the next 2 years.House hack it (3 Units). As well as ...
I inherited my home from my father in 2015. I have shared ownership with my sister (whom is a minor). I’m interested in utilizing the FHA 203K loan but am I no longer qualified because I inherited my home?
Hey All!So if I'm renting a unit for $1100 a month should the tenants monthly income of at least $3300 be their gross or net monthly income?
I have recently transitioned from jobs a couple of times during the past year and I’m wondering if it will make it difficult for me to get approved for an FHA Loan? I have 4 years of consistent work experience in the ...
Hi everyone,
I was hoping to get some advice on a potential refi for two of my rental properties in NC and In that I bought a few years ago.Both have appreciated in value to a point where if I refi I think I can get ...
Rookie question: Traditional lenders say they'll only make a commercial loan for a SFR property because it isn't my primary residence. They'll do 20 year amortization with a 3 to 5 year payoff or at least a rate res...
I have an LLC registered in the state of Florida and am looking to BRRRR in Indiana. Am I required to register for "foreign qualification" with the state of Indiana?
I have an LLC registered in the state of Florida and am looking to BRRRR in Indiana. Am I required to register for "foreign qualification" with the state of Indiana?
Looking for a 200k or under place but I do have under 20k in student loans. Any advice on how to approach this goal or maybe know any lenders? Would greatly appreciate it.
Hello. I have a question that I hope makes sense. If I’m purchasing a fourplex as an investment property and I’m getting 3 units vacant, I’m under the understanding that the one occupied unit alone will not cover or c...