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Quick question regarding DTI for a Fannie loan. As I understand that new rental income (less then 2 years) is calculated as:Gross rent * 75% - DITI = income added What I don't know is whether or not the DITI still cou...
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I will be renting my first house in the next couple months. What are some of the best things you guys include in your lease agreements that you've learned over the years ?I'd be interested to know the story behind it ...
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So I get a call from the seller and go to the property and contract it. I get word back from the title company that someone had filed an affidavit of contract about a year ago. I discuss this with the seller and he sa...
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This is a poll to determine the level of interest in a new program a client of ours is considering. I ask you to respond either Yes I am ready, willing and able to participate, or No, I am not interested. Would you be...
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There are a lot of great investment companies out there where you can easily invest online but the initial investment is subjectively high, some starting at $500-$1000. I see a market for those who are are wanting to ...
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Hello,
My name is Chris Kreider, I am new to real estate. I have never purchased a property before for any reason. I was always to afraid for one reason or another and found reason after reason why not t...
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I'm a Philadelphia investor, real estate agent, and wholesaler doing business in Philly, Montgomery County, and Delaware County. I know that corporations benefit from establishing themselves in specific states (i.e. D...
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I sold a property I owned for 4 years, during the last 2 years it was used as a vacation rental. I am using a 1031 to acquire a new property that will be used primarily as a vacation rental. For purposes of the ne...
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I have been contacted by a teacher that is interested in the property. She states that her job does a yearly criminal check and wants me to use it. Hers was done in August of this year. I want to keep my application ...
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So doing a home inspection on a 4 unit and after 3 hours and unit 1 and unit 2 almost completed last place to do is the bathroom and in the tub a dead bed bug is found. Thus after talking to the tenants that were very...