https://www.latimes.com/califo...Here are some interesting activities that will be banned, along with my comments:Deceiving residents about whether they are required to move out (what is "deceit"? If I tell a tenant t...
In November 2023, Fannie Mae introduced a new policy allowing owner-occupant loans on 2-4 family homes with just 5% down, a significant change from the previous requirement of a minimum 15% down payment. One might thi...
I have an interesting situation and trying to figure out the best solution. I sold one of my rentals to my tenant with a seller backed mortgage and note (this is in Ohio). The date of the note and mortgage was Octob...
So I have been finding out the hard way that rental income does not always count when qualifying for another mortgage.I am house hacking our primary residence. Although I collect rental income from our long term tenan...
Greetings folks, I am attempting to finance a rental property. I have never taken out a loan on a rental property before, since I’ve always paid cash for it. I am trying to scale my business up and not spend all my ca...
I will be meeting a lawyer tomorrow for my first time...I was wondering if there were any important things to inquire about?I will be focusing on buy-and-hold, as well as wholesaling single and SMF properties.Thanks!
New to bigger pockets itching to get started but no clue what to do. I have looked at a few properties already this week and going to look at another one today. First question from the new guy, I am all over the place...
Hello BP,Here's my current situation and I would like to hear your opinion on what would you do if you were me. My question is should I sell my rental in Riverside County or continue to rent it out when the current l...
Hello,
This is my first time posting as I am new to this site.
I am currently searching for a new house and I am trying to work it out so that I can keep my current single family house which is in a good rental ar...
Hello BP community,
I’m a brand-new member and I’m looking to pull the trigger on my first rental property soon. My primary residence here in San Diego has a lot of equity and I plan on getting a HELOC to pay for my ...