Starting today- Fannie Mae has updated their down payment requirements for 2-4 Unit properties when you live in one unit. To buy a multi units property- the down payment requirements use to be:
2 Units:
15% Down
3-...
Hello all. Someone told me about a property in which the owner died recently. They really didn't have any additional info. So I went there and knocked on some neighbors' doors. I was able to speak to a neighbor who ga...
I'm closing on my first property (YAY!) in a couple of weeks, and working on setting up insurance. The insurance provider that I have my personal home and auto insurance under (State Farm) quoted me for a Rental Dwell...
Hi everyone! Have done a few flips and wholesale deals on my own, using some of my own funds in addition to hard money financing. I have relationships with a couple private money investors who are interested in partn...
Hi all,
Wondering which lenders are on the short list of buy and hold, 2-4 families? I’d turn to my local bank if I were buying in state but looking to purchase elsewhere.
Appreciated all the great insights coming...
Hello All,I am a new (wannabe) investor in Columbus, OH looking for some lender advice. My wife and I currently own our home but would like to move into a duplex or maybe even up to a fourplex and start house hacking ...
Hi,I am in process of doing my first eviction. The tenants have been late numerous times (which I have documented) They have indicated that they will move out next week, but I am concerned that they might not or eve...
my dad wants to sell me his house for $198,000 what he owes on his loan. The property is worth $350,00. My parents can't make the payments no more, what's the rules in regulation of taxes for my parents? Everything is...
This is my first post. I'm trying to give background info here, sorry if I give you TMI!
We're 30 and we want to own rental property. My wife grew up in a family of property managers. Her dad bought nasty pro...
Hi experts,I'm a beginner investor looking to purchase properties under an LLC. Is it even possible for me to get a DSCR loan? Or is my only option a conventional loan? Anyone can recommend a lender for DSCR or even c...