Jason Hatfield
Using my IRA to find a rehab
All,I have a subject to deal locked up and I'm trying to figure out the best way to fund the $20K rehab.I have an IRA that was rolled over from my previous employers 401K with a balance of about $17K. I also have a 4...
Michael G.
Will lenders entertain a short sale if the homeowner is not behind on payments?
A seller called me saying she can't afford to pay for her primary residence anymore. She has a 1st with Chase and a 2nd with GMAC for a total of 450K. She'd be lucky to get 350K in this market. She's trying to determi...
Frances Marquez
DMV - DC, Maryland, Virginia properties🔥
REI newbie here.What are your thoughts on FHA Loan — 3.5% down payment on a triplex or a four unit property in the DMV area?The properties that I’ve found are really high in this area.
Josh Rodriguez
Do lenders consider rental property income when applying for loan
Hello BP, do lenders look at and/or consider rental property income when applying for a loan? In other words, let's say I make 60K from my W-2 job and 5K from rental income annually. Do lenders even consider the 5K as...
Max Dama
Where/how do you find your maintenance and service professionals?
Hi. I hope my question is appropriate for this forum!I am a rental property owner, but also own a licensed home improvement company although I do mostly smaller handyman jobs. I have been offering my services to prope...
Bob Mueller Jr.
(2) Twin Beds Vs Bunk Beds Vs Queen in 3rd Bedroom
I'm setting up a vacation rental in FL near the beach. Home will have a King bed in Master Bedroom, and another King in Guest Bedroom #1. For Guest Bed #2, which is a small 10.5 X 11FT room, would you set up dedicat...
Russell Beach
Buying 12 Unit....all Section 8 tenants
I'm considering putting in a LOI on a 12 Unit apartment in Virginia where all the tenants are Section 8. I have underwritten the deal and looked at rent rolls and T12 and last operating statements and it cash flows ...
Joseph Torres
REI startup company?
So, I’m not entirely sure where to start with this question so I will just jump right into it.For a while I have wanted to be a Real Estate investor. The hunt, the find, the returns, all excite me to no end. That said...
Nephtalie Pierre
possible private investing? Using Heloc?
Hello!!I have a family member who paid cash for a house in Miami for 70k. The house is now worth about 250K.I've never owned a home before and I'm trying to figure out the best way to use the equity in the home. This ...
Cristiana P.
down payment solution
Hi guys,I am newbie here, from Toronto and going to invest in St Catherines.Went to a bank today and I am qualified for a higher mortgage than what in fact need, but not enough down payment (investment house they ask ...