Jeffrey Xenakis
Tenant late on rent - Wants to apply for ERAP
Hi everyone,I had a tenant tell me yesterday that she would not be able to pay her rent because she got sick and is now on disability. She said she contacted ERAP to try and get assistance. She also paid late last mon...
Mark Hulsey
Do Warren Buffet's Principles Apply to Real Estate Investing?
While reading an article on The Motley Fool last weekend about Warren Buffett’s sage advice on investing in the stock market got me thinking. Like most investors, I’m always comparing “the market” to real estate inves...
Horacio Gutierrez
Applying 75% of rental income to debt to incomr
Hello,If you buy you first rental property with a conventional loan can use the estimated rental income to use that 75% income to.use for the debt to income ratio ratio. Also I have never had landlord experience but I...
Curtis H.
How to boost credit before applying for a loan...
Hello all, I just went through this personally so I thought I would share it for anyone else who might benefit. I don't get anything out of this besides knowing it helped someone else. I had good credit but I wanted E...
Stephanie Ford
What are your challenges in applying the BRRR method?
Most of my properties I buy cash and do the rehab myself. I recently bought a property with owner financing then I applied the BRRR method. The banks have the upper hand in my opinion when doing this. This is becau...
Trevor J Dammon
Does the 50% rule apply to duplexes and fourplexes
Hi all,I've been doing a lot of research recently and am now starting to look at actual rentals and run some numbers. I'd like my first property to cash flow positive. I find estimates for property taxes by looking up...
Robert Meaux
How 3 Unrelated Tenants Rule applies to House Hacking
So I was thinking about housing hacking in Pittsburgh in the future and am trying to clarify this ‘3 unrelated tenants rule’ where no more than 3 unrelated tenants can live together. If I’m living in one of the rooms...
Christin Nguyen
How Does The 1% Rule Apply in House Hacking?
Hey everyone,
So I'm a travel nurse ready to get started into this world of real estate. I have a potential duplex but wanted to understand how the 1% rule would apply if I live in one unit and rent out the other.
...
Sean Dezoysa
Okay to apply for many HML loans at once?
Deals can move quick, is it okay or even standard to apply at many HMLs at once? And if you get multiple approvals take the best option and decline the others? I understand many HMLs have an application fee so I think...
Janel Mojica Teal
Physician mortgage loan - does it apply to Physician assistants ?
Hello all,I understand that some states offer Physician mortgage loans (PML) to physician assistants depending on the state. Does anyone know if it applies to the state of Texas? And also what are your thoughts regard...