I've been looking for an investment property but was unsure of what type I wanted. I have enough savings to put a down payment on a conventional loan for a house and got a pre-approval letter. After that decided I mig...
Hello
Most material I come across on the Web for wholesaling and flipping are geared toward US investors - is there much of a difference when applying a strategy in Canada? What are the key differences?
I am planning on getting a building permit myself for a conversion I am planning on doing. From a living room to a studio apartment with bathroom and kitchen. Just wondering anyone had experience about apply building ...
Hi,I am looking into developing a small 10 unit condominium in Downtown Houston. My question is where do i go to apply for this status and the requirement I need to follow?
Hello,If I was landlord for 10 years ago but I sold my rentals and I wasnt a landlord for 10 years and if I apply for a loan for my new house and rent my home I currently living in can I use that 75% of the rent incom...
When applying for a hard money loan is it typical for someone to ask for a small fee upfront? I received the below email after submitting an application to a hard money lender:
"There are no upfront fees, but there i...
Hi All, I am trying to figure out my debt to income ratio for a FHA loan, if I have a private debt meaning I owe a friend some money and I am paying him monthly. Do I have to include that in my recurring monthly debt...
Looking for my first rental property, and I am seeing absolutely nothing on market that would adhere to any of the fundamental analysis that I learned on the BP podcast and from browsing these forums. The 2% rule of t...
I understand that it starts getting difficult after 4 conventional mortgages, and you’re capped at 10. Stupid question - does this include/apply to refinancing as well?
Hello everyone, From what I understand the 50% rule is a general rule of thumb for estimating monthly expenses and cash flow for owner-occupied multifamily rental properties. My question is:Does this rule apply for mu...