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Does using a stock investment backed portfolio line of credit affect the debt-to-income ratio for obtaining conventional Fannie Mae & Freddie Mac loans? I would like to use my line of credit to flip homes and also...
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I recently purchased a property in Wisconsin and when I received all the paperwork I did not receive a damage checklist or condition document from the tenants. Now one of the tenants is leaving and left cigarette burn...
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I have done a about a dozen residential flips this last year, some I intended to hold but due to market (Tampa suburbs) prices rose fast and I had a chance to get out of some class C / D properties with some good prof...
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I have a question about the appropriate amount of information that should be revealed in an ad regarding the credit scores and exposed incomes requirements we seek. I wish to reduce calls and meetings with folk that d...
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So I just had my tenant move out after approximately three years. All in all the damage was very minimal and most of it just needed fresh paint or cleaning. Aside for some of the structural damage done, the oven was a...
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I hope this is not interpreted as a solisitation I know that is against the rules but I do have a question on my primary residence.I have had problems in the past securing loans because of my lack of W-2 income. I ha...
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I inherited a tenant whose lease recently ended. She left the place quite a mess, but clean for “her standards” as I had gotten several complaints from the City/neighbors regarding her lack of cleanliness. I sent an i...
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Thanks to bigger pocket, I got a personal loan from bigger pocket network. However, I am not sure how to handle personal loan in house purchase. 1.Should I ask for a preapproval letter and attach the letter to my con...
Hi BP community, I'm looking to start investing out-of-state. My MINS is to secure financing. I'm not even sure if this ever happens but what are the pros and cons of using my hometown lender rather than one in the ma...
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Hello!I wanted to get people's personal insight into Section 8 in the St. Louis area. It would be virtual but happy to buy a cup of coffee for your time.This must be someone who has personally dealt with Section 8.Tha...