I can't seem to find a definitive answer to this.Some people say that the limit is 10 properties (not loans), so even if all 10 properties were under 1 loan, you would be at the limit. Is this the case?Also, does it m...
This is relating to the newest video by BiggerPockets, involving inventory data trends by realtor.com . Fantastic video!However, I'm confused on what the numbers are indicating. For instance my area, Miami-Fort Lauder...
Hello BP,So quick question. What do you consider or qualify as a "response" in your direct mail campaign?Is a response anyone that responds to you via phone call, text, or email no matter what they have to say ( other...
Not sure why this is such a difficult question. I’ve heard different things from different people. I’ve spoken with both DSCR lenders and conventional lenders. No one seems 100% sure. I’ve heard everything from ye...
Hello all,
I just purchased my first property and am renting out two of the bedrooms; it is my primary residence. Does the rental income from these bedrooms count toward the income side of my DTI calculation? If not,...
I have a question regarding the Fannie Mae restrictions on the number of mortgages. Two of my houses are financed by first place HELOCs. Would those count towards the four they want to allow?
I’m reaching out for guidance on purchasing a 3rd property.
My investment property (1st
property) was purchased out of state for 150k a couple years ago and cashflows $200/month. I purchased my primary residence (2...
When determining "Debt to Income Ratio" do rental properties count towards that calculation. I understand that for actual "Income" to count, it usually requires 2 years at minimum for rents to count as income, i get ...
Hi everyone,I am a relatively new investor from TX and purchased a Buy/Hold property at the end of 2015 via conventional loan. It is currently rented out and making great cash flow. I am looking to get a second proper...
Hi to everyone,My name is Francisco and I am currently in escrow for a home. MY income and MY debt to ratio is awesome to qualify for the mortgage loan. However, my father owns three properties with current mortgages....