I have 10 existing loans with only one being a Jumbo on my current primary residence. The others are on investment properties (6 fourplexes, one duplex, a single family rental and a STR vacation property).In speaking...
Hi Everyone, Background:I own a tri-plex in los angeles... rent controlled.. one of the tenants lived there when i acquired the property.. his rent is 750.00 - current rate is approx 3k He has full access to the only ...
Yesterday I was doing some research and found a 4-unit property in Lancaster CA that I ended up contacting the agent for some more specific info.
She wrote back stating the property was in escrow but asked if...
Hi, I'm doing research on buying my first 3/4 unit apartment building in Chicago with an FHA loan. I have some question and confusion about the self sufficiency test.
1) When adding the income for your total net ren...
Me and two siblings inherited a home and borrowed some money from relatives to fix it up so we can rent it. Also using some of my own money.
My siblings have an LLC that we all members of. The LLC is new and has no...
Hi! It's the first time I am going to be buying investment property in the States. I read about Residential Building Codes, which consist of hundred or thousands of pages and is updated almost yearly, differing depend...
Is it possible to get a FHA loan on a new investment property, single to fourplex, (which I plan to move into for the first year) if I currently own a home that I just RECENTLY refinanced with a conventional loan in t...
What type of loan should I get for a BRRRR investment?
Hello,Do banks offer hone equity lines of credit on rental property? If so, is it common or difficult to find a bank that will do a LOC on rental? Do they charge origination fees and/or interest rates that are highe...