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Hi Gang,
First time posting here, but I’ve been listening to the Bigger Pockets Podcast for a while now, and I’m part of a family owned rental property business.
Here’s my “dilemma” that I’m hoping to get some feedb...
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I’m thinking of having a roommate co-sign on a 3-unit through the FHA program. My roommate has essentially the same credit, DTI, income, and age as myself so there should be no issues qualifying for the loan on the ho...
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Hello BP,We are closing on our 4th rental property today in Waterloo, Iowa. (Keyword alert, Iowa landlords I could use some input). It's actually right down the street from our primary residence. It is in excellent sh...
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If I found a 4 unit property to purchase as my personal residence using an FHA loan could I still get the deal financed if I needed a relative to co-sign for me?
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Hello. I have a client looking to buy a multi-family income property. His brother is a first time homebuyer and he is not. They would both be on the title.Is it possible to for the brother to live in one of the unit...
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I'm selling a home to a young couple on Contract for Deed (Land Contract), which is eligible for 1st time homebuyer's rebate (I've had several CD buyers get their checks already, in 4-5 weeks). I sell houses for low d...
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Hello everyone,
I have a question and hopefully I can get some advice on this.
I’m planning on buying a multifamily, 4 units. I’m using a co-signer because I’m not currently working, so obviously I can’t get a loan u...
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I am looking to make my first acquisition, a single family property in Binghamton, New York. The property is a 2 bed 1 bath turnkey located in a prime student neighborhood. I am seeking a personal loan to make the ini...
We have a great grad student renting our 2 bedroom duplex. He didn't meet the income requirement so his parent's co-signed. Now he'd like to find a roommate to share the costs. I understand the new tenant would need t...
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I'm looking for a new tenant for a condo right now. One person came to see it, she would be moving in with her 9 year old son, but she hasn't had regular income. Says she's in the process of starting her own business....