So I am just graduating college and through school I have not had a steady job and at times I was either not working or doing side gigs. I’ve always planned on purchasing a rental property once finished with school, b...
Hello BP! I was doing some insurance shopping the other day. We own 5 multifamily buildings. Insurance rates for 4 of the buildings are "reasonable". The fifth building is an older all-brick building. It was orig...
Hi All,
I am interesting in purchasing a multifamily property with an FHA loan. I've seen multiple requirements from different websites. The one that I'm concerned about is "2 years of employment" or "2 years...
Hello all,
I'm looking to buy a 4-plex using an FHA loan and occupying one of the units myself. The problem is that the building is fully leased and it looks like I might not be able to get an open unit until April. ...
They are both college students who also work.
Person A is 20 years old, has a FICO score in low 600s, no rental history, has been at retail job for six months.
Person B: I haven't run his application yet but he see...
I greatly appreciate any help;I just landed a much better paying job and I will start in couple of days. I've also saved up some money and I'd like to purchase a multi-family house near Los Angeles area (3 or 4 unit f...
Do you guys run a credit and background check on every applicant? I have several rental properties, and I am inclined to not run background or credit checks on students that are in professional graduate school (medic...
A little background is that I am 19 and a sophomore in college. I work up in Alaska during the summer months so I make a fair amount of money (15000 to 20000 a summer) but do not have a part time job during the colleg...
Hi, I am 22 and just recently graduated looking to get a house in Orange County, California. Since I was young, I have made money doing side hustles/jobs and have saved since. I now have enough for a down payment and ...
I have a young couple who are unemployed but say they receive money from scholarships that they would use to pay rent. Anyone heard of this? Any way to get this money from the school? They are young (probably no c...