So, I am about to switch jobs, but also hoped to buy another house very soon. Is a 2 year income history all that is expected, or will it matter if switched jobs immediately prior to applying for financing? Thanks!
I own my home outright and its valued at between $280 and $320. I have tax forms stating that my income from investments totaled 48k in 2013 and 115k in 2014. Will a bank accept this and give me the credit line even t...
Hi BP Community, My mom wants to sell her house, and it is a pretty sought after town in my area (Blue Bell, PA). I am 23, live elsewhere and rent-free, and am looking to get started with REI, but by house hacking in ...
So I’ve done a little research and I have seen that in order to purchase a home and receive lending options, you must have 2 years of income verification or show that you were in school for the past two years. Is ther...
I am running into a massive problem launching my business. I have a company that basically has no telephone number. Sure, I have a cell phone. but my salaried job will not allow me to use my cell phone while working. ...
I have a land contract on 6 properties, which balloon needs to be paid within 10 months. I wanted to get my options (especially in IN.) for getting a loan for properties. The properties cash flow very well. I owe 125k...
I'm currently trying to get started with investing, but ran into a slight snag. When I spoke with a bank this week, the guy seemed very concerned about my lack of resources. I have a salaried job and just a $475/mo ca...
Hello, I've been in commercial property management for three years now. I started as a college intern at a prominent CRE firm in my area and quickly took over management of around 1million sqft of retail space while f...
Hey Guys. Long time lurker, first time poster. This is defiantly going to vary from person to person, but when did you all feel it was the right time to pursue real estate investing full time, and leave your salaried ...
Hi All, I've been living in my house since 2008 and been house hacking before I even knew there was a term. I currently have a full house, with 4 renters, a dog, and a 2 cats. So how do I tap into my equity to secur...