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I'm very interested in buying a duplex to rent out. The problem is, I'm worried I won't be able to get a loan. I have very little credit history and my part time job doesn't provide tons of income. However, I know I ...
Today, I was approved for a FHA loan with a limit of $60,000 loan. I'm looking for a duplex to start my investing, while I can rent out 1 unit. However, I haven't seen any multifamily properties that low in the Char...
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I just went to meet with a small local bank and they couldn't help me. I bought my first rental two months ago and have it rented. However, the lender adheres to Fannie Mae guidelines and can't justify the income of...
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Hi! I am a 17 year old named Keaton and I have been learning about the real estate world for almost a year now, and I am nearing the stages of buying my first multifamily home. I am looking to buy a rental once I am...
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I'm planning to buy a home this year. But I'm thinking about changing jobs (within the same career field). Will having recently changed jobs adversely affect my ability to get a loan?
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Ok so I'm a new investor or trying to become one and be me looking at blogs and doing my research I want to get a loan (conventional or FHA Loan) but the requirements are 2 years of work income right there I have to s...
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Im trying to buy my first property currently in the process of getting approved, everything looks great! More than enough in my account, credit score however. Bc I am a cocktail server most of the money is from tips. ...
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When running the numbers on a an investment property the interest rate is obviously a factor as to how well the property will cash flow. If I house hack (which I have) I can qualify for a residential loan with a lower...
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Hi!I’m (very preliminarily) interested in the concept of house hacking a duplex with an FHA Multifamily loan. I’m also very new to real estate investing overall and had some questions about first steps! In understand ...
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Hello every one, I am new to real estate invest investing and I bidded on a commercial property and won the bid . I am trying so hard to finance the property but the process is taking so longer than I expected . I g...