Ryan Sun
Maximize the use of the 10 conventional loans for a married couple
We've learned that each individual can secure up to 10 conventional loans with favorable interest rates. To maximize this opportunity, it is recommended to utilize the full allocation of 10 loans per person. As we pro...
Daniel Schiff
Taxes due for flip with married couple both with W-2 earnings
My spouse and I have a real estate pass thru LLC we are 50:50 partners / owners of. We are in the middle of a flip which will sell in 2024 and have a second one lined up. Estimate to make 80-100k from both deals. Fo...
Kimberly T.
Can you charge a different application fee for a married couple versus 2 individuals?
I'm researching PMs in other markets we're considering buying in, and have seen some PM sites with info for prospective tenants. When I look at their apps, I have seen some with the following type of set up:
...
Jordan Gerkin
Can Spouse of Married Couple Legally Come on Property if they are not on Lease
Hey Everyone,I have an interesting situation. I have rented to this lady in the past and she is a good renter. Now she is wanting to rent from me again, however, she is married now but separated from her husband. So t...
Arthur Banks
Investing as a couple
For those of you who invest as a couple:
A) what are/were some of the challenges you face(d)?
B) Do you have separate attorneys?
C) Do you keep everything separate? (bank accounts, LLC's/Corps, etc.)
D) Anything els...
Chris Svendsen
How to Title the Deed on first property
Wife and I are getting close to finalizing our first purchase on a single family investment property and title company want to know how we would like to title the deed. I never even thought about this and wanted to s...
Account Closed
rent not exceeding 33% of income rule question
I'm in the process for finding my first tenants in my first rent house. I'm just a little confused about the 30% rule. Here is what it states in my criteria: ''Monthly rent shall not exceed 33% of gross monthly income...
Wyatt Michael
Is it possible for husband & wife to get 2 multifamily FHA loans?
Hello Friends. I would like to know if it is possible for a married couple to each get an FHA loan for 2 separate multifamily properties - the husband lives in one and the wife lives in the other for one year until t...
Jerry Kisasonak
Man and Ex-Wife on Deed and the man died. Does the wife has 100% interest in the home and can she sell?
A friend of mine died, and his and his ex-wife are on the deed. Does she now have 100% interest in the home and can she sell it? Fortunately, she is a nice lady and I am in good communication with her. I just don't wa...
Brian C.
Rent to income ratio for roommates/couples?
I know 3:1 income to rent is the general rule, but what rule do you use for roommates or couples? If there are 2 roommates do you just require 3:1 total or do you require that they each make half of the ratio (1.5...