Is there any way to legally and ethically have my girlfriend purchase a small multi-family property with an FHA loan even though she lives with me in my primary residence? Shes contributes to the mortgage payment but...
it was suggested by Al Aiello to create a lien on the rental property to make it appear that there is no equity. I believe using my own LLC is acceptable.
Wanted to see if anyone has ever done it.
thanks
Can an FHA loan be assumed if the intention of the purchase is to be an investment and not a primary residence?Thanks in advance.
Hello!
I am purchasing an investment property for my elderly parents to retire in. My lender is offering me a “Family Opportunity Mortgage” option- a special borrower eligibility occupancy rule in which Fannie Mae e...
Hi,
I am a LA resident, attorney, and first time investor. I have read various real estate books and found a few strategies that could work but not sure what to do.
1) The first option was doing an FHA or 5% con...
Hi BP, my brother and I are in the process of trying to purchase a fourplex. I can provide (most of) the downpayment but I need his income to qualify for the purchase. Essentially, we both need each other to be able t...
Hi Everyone, I am having troubles finding the landlord/tenant laws for the Allegheny County in PA. The only document I have found is "The Landlord and Tenant Act of 1951" (https://www.legis.state.pa.us/...).Is there a...
I am a novice at Living Wills and Trusts, but I need something to protect my family. I was chatting with someone from LegalZoom to see which was right for me. I think I prefer the Living Trust. But she said I need ...
Bigger Pockets Community -
I'm trying to plan for the future and have a question I'd like your thoughts on.
Hello everyone! My wife and I are currently in the underwriting phase of a 203k loan for our first rental property which will be a duplex in the Cape May, NJ area (08204). I was wondering if anyone has any insight on ...