Hello, BP!I am currently looking to invest into my first multi-family home. I plan to use an FHA loan or possibly a 203k loan to fund the deal. I figure the whole "house hacking" idea would be a great way for me to he...
Is there a rule that says you can't use your income to qualify for a mortgage if you don't have a two years of continuous history of working at the same employer? We have talked to three different lenders that say we...
Hi Everyone, We closed on a 8 units last month, and trying to fill two vacancy. I have a question on how do you make the judgement if the section 8 tenant meet the income criteria in regards to the general rule of thu...
Can someone hold my hand and walk me through the eviction process step by step? My understanding is that it is not too difficult (although I have read the nightmare stories) and can be done without a lawyer. Please gi...
Hi folks,RE investor here, going through first time eviction process in Columbus OH (first time ever). Property is managed by a PM, I live out of state. Most of my properties are near me in a tenant friendly location ...
This seems obvious, but curious how other landlords are handling these situations.
Scenario:
You have a property you put up for rent and start receiving applications. You receive 2 applications. Both tenants are per...
Hi All - I'm currently in the market for a quad where I intend to owner occupy. I would like to go for FHA financing but the properties I have seen so far are fully leased. Does anybody know if there is a grace period...
Two, two families. First time home buyer I would live in one of the units and rent the other three. Would I still be able to use an FHA loan?
New tenant moved in late September... paid pro-rated rent for Sept and full rent for Oct.November 5... no rent, new tenant, Deborah not happy... debate just shocking the pee-willy out of her by posting tomorrow or bei...
[Likely questions with an obvious answer to all you experienced folks...]My rental property is in Arkansas where the state statute notes a 5-day grace period. If rent is due on the 1st, can I send a "you're late" noti...