Eric H.
Down payment with new HELOC
I am in the process of getting pre approved for an investment property and noticed the paperwork said I need proof of seasoned funds (2 months) in an account for the down payment.
I plan on using a HELOC that doesn't...
Jason Warren
Rent by the room financing
Is there any way rent-by-the-room income can be counted for owner-occupied SFH mortgage qualification?Also, if the house has an ADU, can the ADU's or the main house's rental income count for qualification?Thanks!
Shara Carlton
Why should I owner finance
I have a property for sale and people are offering to buy it, but I am getting alot of "owner financing" offers. I want 48K for the property and someone is telling me that I should do 8k down and finance the rest, but...
Ryan Haase
Helping a Renter's Credit
I have a renter that wants to buy a house someday but has poor credit. She and her boyfriend have been wonderful renters and have asked is there is anyway that their rent payments can help their credit. I didn't think...
Jose Rodriguez
Finding Deals
Are there any investor active in the North West to North Central area of San Antonio? If so, how did you find your 1st investment? Drive-4-dollars? Direct mailers? Yellow bandit signs? Did you rehab/flip? Rehap/rent? ...
A W
Do I have to give a reason when declining an applicant?
If I do, can I use his/her income as a reason?
Or what is your favorite "excuses"? :) sometimes we just do not like a person...
Thanks.
Kavi Perumal
First time renting- No leads for the rental ad
I am a first time investor in the rental property. We brought a new house in Hutto, TX and listed for rent according to the market trend. We posted it in all the sites- Zillow, trulia, apartments.com,zumper, syndicati...
Cameron Cole Vance
Is lease options legit
I have been doing research trying to fined ways to get into real estate investing with out spending my life savings and I learned about leace options and all the benefits with doing leace options but when learning abo...
Frank Van Der Veken
Newb - Seller Financing Questions
Can someone give me a dumbed down version of seller financing? Also, would I still be eligible for a FHA loan if my first property was done through seller financing?Thanks!
Benjamin Lemieux
Inheriting tenants at my first property
Good afternoon, My offer was just accepted on my first property. It will be a 3 family home in CT. I will be owner occupying. One tenant is moving out and the other the tenants lease will be ending aro...