RJ Laskin
when to short sale?
I'm trying to understand when the proper time might be to throw in the towel and jump into a short sale.We purchased for 450k in 2006 at market peak, lived in the house until 2011, and then rented it out for $1400.00 ...
Adam Heseltine
FHA Loan - can I qualify w/ an existing mortgage?
If I already have an existing mortgage am I able to use an FHA Loan for a SFH investment property (flip or buy and hold) ?
Jenny Tools
Spec home liability insurance and taxation
Good evening everyone!I am starting out a partnership with a local builder to build speculatively on lots that I purchase outright. The builder is giving me a discount on the price of the build and I am in turn agreei...
Marc Gallegos
Owner finance- refi
Just a quick question I was hoping someone could answer. I cant seem to find the answer without contacting a loan officer. Im a few months into a owner financed single family home here in Oregon. We will hold this hom...
Kevin Taylor
Advice for FHA/203K loan REHAB
I have a question about getting an FHA approved loan. I want to purchase a property through an FHA/203k loan and use the 203k loan to rehab the property. I know that before you can rent it out you have to live in th...
Jarrod Pettit
The Stimulus Package - How do we benefit? Cheap SBA Loans? How?
I own several large portfolios of single family homes (100+ properties each) and quite a few mobile home parks as well. What is the best way to benefit from the massive amount of small business loans that are about...
Frank Robinson
Philadelphia Zoning RM-1 Use Permit for 5-unit building
Hi,
I'm looking at a 5-unit RM-1 building; however, it's only approved for 4 units. Existing owner tried in the past (like 30+ years) ago to get ZBA to approve it to be a 5-unit building, but got rejected because the...
Kem M.
Credit Rating, Thoughts on Paying Off Rental Property
Hello all, Two questions. 1. How does investing affect your credit score overall. It seems that constantly applying for a mortgage (thus resulting in multiple hard credit checks) and carrying a large amount of debt wo...
Josh Edelman
Assuming a VA Loan - Can I do it while my 1st property is VA?
I currently own my own property as a VA loan. I want to assume a VA loan property across from me as an investment property and/or move in to it. If I assume it, will it count against my VA eligibity cap? Am I even ab...
Kyle Moore
Financing Second Airbnb House Hack
Hello all,I am currently “house hacking” a single family residence with Airbnb. I rent out 4 rooms while living in the 5th bedroom in a separate suite. This produces significant cash flow each month and I am living in...