Hello Everyone,
For those experts in Fannie Mae guidelines, the 2% sellers assist exists for investment conventional loans. Say I have a fully rented out duplex investment property with the following information:
A...
I closed on my first property (an owner occupied triplex) earlier this month. During the closing process my realtor had notified the seller's realtor to give the current tenants notice that they had to leave. We were...
Has anyone allowed tenant to put down low security deposit and pay as you go to the full amount? For example security deposit $1000 they put down $200 and pay extra $100 a month towards security deposit.
Would like t...
Hi all.
Forgive me if this is a bit convoluted. There's more.
My girlfriend just purchased a duplex in the Dallas area. When we originally looked at it the one tenant told us his roommate had recently moved out and...
I was out D4D a few days ago and came upon FIBO sign with "court ordered sale" written at the bottom. The property is in a swanky neighborhood in a swanky town. The entire town has the aroma of money. There are two lo...
Hello BP,I am in the process of searching for my first multi-family property and have been working with a FHA 203k lender. We had a conversation today and to keep it long story short she stated that I shouldn't expect...
Hi - we are working to finalize a contract to buy a 3 unit apartment and the contract clearly says that security deposits transfer from seller to buyer. No question here. I know the security deposit really belongs ...
Im psyched to finally have closed the loop on my first property from purchase, renovation, tenant in place, appraisal, and now finally pulling cash out to finance future deals.
I "won" the hubzu auction on 3/...
ifunding seems to be the first crowdfunding portal to have an investment (actually 5 investments) not go according to plan. They have 5 fix and flip deals in Milwaukee with the Orange group that were suppose to yield...
I recently purchased my first rental property with no money down. I did so by necessity as I am cash broke! However, I do put a substantial amount of money into my 401K account every pay check. I have always been r...