Hello everyone,Currently I am looking for another investment property and I won't pay all of it in cash. I got a pre-approval from my bank and they asked during the pre-approval process if the loan is for an investmen...
Hey everyone. Here’s my situation. I’m in an apartment lease for 7 more months. I want to buy a duplex to house hack. Will I still qualify for an FHA loan for that duplex even though I can’t live in it for about 7 mon...
Hello, I found an opportunity to purchase two 4 plexes from one owner. My mentor heard of a person who purchased a 4 plex in the past with 15% down for 20 years.Can someone tell me of a bank in Austin, TX that will le...
I've lived in my primary home for 10+ years that has a great amount of equity and I'm considering doing a HELOC and turning my current primary home into a rental which will produce great monthly cash flow based on the...
When applying for mortgage loans, do the loan officers know if the applicant has an apartment under their name or not?
Hi everyone,
This may be a very simple question, but I need clarification on using private money. If I borrow enough money from friends and family to buy a rental property full in cash, is there a restriction on thes...
Hi,
I would like to know how do you go about tenants paying rent late during this corona pandemic, do you charge late fees?
I'll be concise. Looking to buy a MFH in the $450k-$500k range in north San Diego. It will be owner-occupied. I have been W-2'd for 13 years, but the last 2 couple of months started consulting and am now a 1099 con...
Hello Bigger Pockets Community,
I wanted to try and get some advise from the group. I purchased a rental property back in November 2020. I paid cash for this property so I don't have any mortgages. I'm considering...
Hi everyone - I'm in the process of buying my first rental property (currently waiting on the appraisal), and I have a quick question if you all could help.. So regarding the down payment of, I have the funds myself b...