I'm wondering what the community thinks about trying to flip a home with FHA financing but never moving into it. Am I legally allowed to purchase a home with Owner-occ financing, never move in, fix-up and sell? Then ...
Hi All,
Having reached the 10 property limit for FNMA loans, if I refinance four of those properties with a commercial lender taking title under under a newly formed LLC, am I still able to use the positive cashflow ...
I just discovered that Freddie Mac recently began allowing property title transfers to an LLC after an amendment to their servicing guidelines, effective on 10/20/2021. Until now, only Fannie had allowed LLC transfers...
What's the first steps do you take after purchasing your first home to turn it in to an Airbnb?
My tenant just entered the last month of their lease. I've been in a little bit of a battle with them recently (see my other post) but got a message this morning saying they are paying the last month with their securi...
Hi BP community!What are the main differences between a Non-Conforming Loan and Portfolio Loan?As it turns out, when an investor has more than 10 properties, they no longer qualify for Fannie Mae mortgage loans (conve...
When real estate professionals are looking to expand and grow their business by taking on outside investors to fund larger projects. A real estate syndication structure is a must have component for these larger transa...
I am sort of a amateur when it comes to syndicating deals, but I have this property in Waco that I would like to purchase, but I do not have the capital. I understand that there are guidelines that need to be followed...
Hi All,I was hoping someone could help me out with the following question. I am in escrow and have talked it over with my parents to obtain a mortgage from them for my condo. Can someone point me to the right directi...
With FHA loan, the borrower has to live at primary residence for 2 years before he or she can sell the property. Is this correct? Any advises would be greatly appreciated.David