Byron W.
Home Possible loan with 693 Fico score?
Hey everyone! I'm looking to apply for a loan and possibly use the Home Possible program with 5% down to purchase a duplex property to live in and rent out the other unit. Is my current 693 score too low or will it ca...
Tony Moey
How to lease a 3BR SFH to 3 persons?
I have a 3 bedroom Single Family Home for rent.
There are 3 persons (friends) that want to rent the home and split the rent.
My question revolves around how I should legally structure the lease.
I am thinking I shoul...
Nicholas Nowlan
Great deal but no credit.
hey guys i found this very motivated seller hes looking to sell me his two bedroom two bath family home for 15k$ He originally bought the proporty 4 years ago for 32k$ cash and has put 12k$ into the property the prob...
Scott Lyons
Renting to College students and/or grad students
Hello, was curious to what folks do when they get prospective tenants who are either college students or grad students. I would assume you have someone (e.g., parent) cosign for them assuming they aren't making the ne...
Brandon Sturgill
Underwriting Every Three Months...
I am currently using a portfolio lender (Union Savings Bank) to blanket investment properties for rehab and resale. I have decent W2 income and am beginning my transition toward full-time investing. My current strateg...
Nathan Hall
Can someone knowledgeable check my math?
Here's the scenario, recently I:Sold my VA loan foreclosure first home purchase that I was into at $226k for $325k (lived there 8 years) at the end of February. With those proceeds ($75k after fees, no capital gains f...
David Breitzmann
Learning about the meeting point of RE, business savvy and public speaking skills
Hello there fellow Forum-ers,
My name is David Breitzmann. I've been educating myself about different types of RE transactions (REO, Short, Rehab, Commercial) for a few years. Have attended a fe...
Gregg Reinbold
Are my Deferred college loans hurting my credit score?
I have three small college loans in deferment while I am finishing my degree. I haven't payed the loans off because they are some of my longest loans on my report.
Experian is reporting that that my college loans are...
Chris Mancini
Is this property rentable?
Hello all,I am new to this site and new to REI. I am looking to start things off with a multifamily rental property where I live in one of the units.I was hoping to find out some strategies that experienced investors...
Deep Mukherjee
UK equivalent for HELOC
Hey Everyone and thank you for reading my post; I appreciate it.
I am looking to find the UK equivalent of a HELOC (a Home Equity Line of Credit in the USA). The behavior of the product in the USA is described below....