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Good Morning Everyone!New guy here. So I was hoping to get some clarity as to getting a 2nd home mortgage and what constitutes as occupancy fraud. I have noticed that many investors, even some who run Biggerpockets, c...
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Would a Single Family Home and building 4 ADUs on it be considered an inferior approach to purchasing a multi family zoned 4-plex? There are very few multi family properties for sale in our area. Wanted to see if a...
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I was referred to a mortgage broker for a re-fi on a rental property that I own (refinancing out my private lender in to long term financing). Long story short, late in the game, the mortgage broker has informed me I ...
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I bought my first renal property in March '06. Despite the hot RE market, I found a motivated seller and still got a good deal. I was excited to buy more properties, but didn't find any that would give me an acceptabl...
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I am a 61 yr old woman who owns my home outright. I decided to rent my house and garage apt last Nov. for a combined $2200/ month while I visited relatives. Their contract will be up at the end of May. This has been m...
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I am working to get a first Fannie Mae REO property and all the terms were agreed by both parties via emails today. A ten day inspection was allowed and we were told to wait for further instructions, without having ...
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Hey Team -
I wanted to get a general 'take' on my situation now having shopped around for a 30 yr conventional - I secured pre-approval from a few different lenders, one being a community bank in Texas, and the other...
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Hello, new here!I heard real estate was one of the best ways to generate passive income. Specifically, accumulating rental properties throughout life. My goal would be something $10k/mo passive income before I'm an ol...
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Has anyone done a conventional (Fannie/Freddie) loan on any of your investment properties, then transferred the deed into your Corporation or LLC to achieve asset protection?
IF YES, did the lending instituti...
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I have heard different answers and was wondering what you guys had to say?
Thanks,
Erik