Hello, I currently flip homes and I'd like to start buying rental properties, is there a current formula I should live buy when barrowing funds to purchase?
Hey all, I'm offering on a property (in columbus oh) and my finance guy says he can't lend conventional fixed rate because it's a non-conforming property. It's one lot, residential, with 2 separate living structures...
i dont think the 2% rule works in los angeles... how is it possible to find a $2000 per month rent place for $100,000 this just does not seem possible... could anyone explain whether the 2% rule or 50% rule works in l...
Are there guidelines for breaking properties up into A/B/C classifications? I hear a lot about finding a “C” property in a “B” class neighborhood and would like to learn more about this topic. Thank you in advance.
Does anyone have a good inspector they'd recommend in the Charleston, SC market?
Hi I just purchased a duplex from a wholesaler with cash and am redoing one side right now and I want to cash out refinance. I am having trouble with someone who would do the deal with me, I have excellent credit, a ...
Fannie Mae makes an announcement today to raise the number of financed investment properties back to ten. Since October of 2008, Fannie Mae had lowered the number of financed investment properties a borrower could hav...
Hi Everyone,I have an investment property that I own currently. The house is appraised to approximately about 340,000 and I have a loan of about $220,000 left. I have been encountering difficulties with cashout/Helocs...
I have a 4 unit multi-family property in Wooten Neighborhood, North Austin, need recommendations for a local property management company that can work with an out of state investor.Current Issue
Current provider is ...
I'm looking to buy a 2-4 unit property using a VA loan. I have a couple of questions.
1. Does it matter what type of lender? Credit union, big bank or a mortgage company such as rocket mortgage.
2. My COE says my ba...