Ryan VanPatten
When can I use rental income for a new loan?
Hi,I have a townhome that I live in and rent additional rooms. Can I use this income as part of my income when I apply for another loan? I bought it in Augusut 2012, so the two year mark is right around the corner.I...
Jesse Stemle
How can I avoid paying capital gains tax on my live-in flip?
Hey Everyone!
I bought an old beat up house just outside of Louisville, KY in August 2019 for $120,000 with the intentions of fixing it up while living there as I am just out of college and was looking for a place to...
Tereneshia Watkins
New to Investing and needing some advice
Hello my name is Tereneshia. I am new to investing and wanting to get started out with house hacking a property out of state. So I plan on relocating to the midwest, leaning towards Ohio particularly for the cashflow ...
Stephen Weber
Preferred Return
I met with a developer yesterday and during our meeting he stated a 40% “preferred” return to partners. That got my attention, and although I do not want to talk numbers here, the point is that he is looking for a loa...
Steven Breckon
PMI removal // Seeking advice
Hello everyone!I'm hoping to get some help as I've been going in circles with my loan servicer (Freedom Mortgage) regarding the steps to remove PMI before two year seasoning. What has happened so far:-I purchased the ...
Drew Joseph
First Time Investor
Hello, my wife and I are currently looking to move to Charleston, WV while she completes her final two years of medical school. I am also wanting to start my REI career while working full time. I am trying to figure o...
Dan Bowe
What area are you buying at and what rent increases do you underwrite? (if any)
Just interested in seeing how other investors are viewing rent increases going forward.We're mainly buying in DFW and projecting 0% growth for the next year, 1% growth for the two years after that, and 2% yearly growt...
Leona Davis
Advice for Househacking
Hello,
Is two years on a job still a requirement for buying a house? I want to get into house hacking.
Brady D'Hont
How to get pre-approved while being 100% commission based.
My current role is 100% commission based and has been since the end of September ‘21. Prior to this it was part time work as i was transitions & training fter graduating from college. I now have a territory that c...
Chris Seveney
Some Due Diligence Basics on Note Investing
Recently, been seeing more and more online posts of performing mortgage notes on the secondary market as one-offs with a rise in individual investors presenting "anticipated returns". The numbers invited a closer insp...