Zachary Busekrus
Fresh-out-of-college millennial looking to start investing
Hi all! My name is Zach and I am new to the BiggerPockets community. I recently graduated from George Mason University in Fairfax, Virginia. I worked my way through school and was able to graduate with very little stu...
Chris Mason
PSA: Have you adjusted your strategy? re: FNMA reserve changes
A few months back, Fannie Mae announced that they would be changing how their Reserve requirements are calculated in the near future. I just had my first few come out of underwriting held to the new standard (I'd been...
Tim Miller
Montgomery County MD - Are your rents under market = Your Screwed
Today, July 18, 2023 Montgomery County council is voting on a rent control bill that could limit your rent increases to as little as 3%. I want to thank all the hard work that the landlord association and investors ar...
James Palassis
Rules surrounding vacation rental financing
I am considering purchasing a short term rental in an area that would see traffic 10 months out of the year. My question involves the financing of the deal. I have the deed to my primary home. Am I able to finance the...
Jay Hinrichs
how to handle multi offer situation when you really want it
I posted earlier this week about a lot that came up in Charleston.. my realtor ( who is awesome) e mails me at a little at 10pm her time.. new lot on a little street I have already built two homes on and have been wil...
Jay Hinrichs
Govmit shutdown affecting your section 8 payments ???
Never know what to believe. News this morning was talking about section 8 payments no being made and section 8 appealing to landlords not to evict .. I don't think many would evict over one missed payment given the si...
Peace Lily
FHA denied the mortgage from 2-family Multi to 3-family Multi
Dear BP Members,I have a question and hope to get your advice. I lived in a 2-family house for one year on conventional financing as my primary residence. I recently just moved out and rented out the whole house. T...
Melissa Searing
Know of any conventional lenders who don't require PMI?
Hi BP! Do any of you know of any conventional banks who will lend with no mortgage insurance without 20% down on a primary residence? I read about a program with Bank of America. http://money.cnn.com/2016/02/22/real_...
David Allen
Selling Agent Delaying Buy
I'm currently in the middle of attempting to buy a property. The property was priced right and I wanted to lock in the sale so I made a full price , all cash offer with a short response time. No response within time....
Marcus Johnson
What happened to the 2% rule
Just prior to my first real estate investment in 2014, the 2% was heavily promoted by Brandon Turner. Then more recently it was lowered to the 1% rule. Now the current staff are promoting around .8%. So interesti...