Anthony Freeman
Confirming renters insurance
What are some good ways to confirm tenants have renters insurance?
Saad Handoo
Establishing an LLC in a State where you don't reside (to save money!)
Hi guys-I currently reside in IL, want to buy property in NC, and establish an LLC with the lowest initial filing fees and annual statement filing expense. From my conversations with LegalZoom one state that has a low...
Alex Failaev
MD Rental license restrictions - new proposed law
Has anyone in the Maryland area heard about the new law that was introduced on 2/7/20 to allow for the limitation of rental licenses being issued?HB1199 is the name - just sent to us by our local SOPOA to make us aware
KK A.
House Hacking Rules
My husband and I are currently looking into purchasing a Triplex to house hack. We currently live in an apt with a lease ending in May. The units in the Triplex are all also currently rented out through next summer (M...
Account Closed
Are these good ARM loan options?
Are these good ARM loan options for multi-unit investments properties?A) 5/1 ARM – 20-year Term; Up to 30-year AmortizationInterest Rate Options:1) L5 Resi Owner-Occupied 5/1 ARM No Point Rate + 1.00% + 1 point2) L5 R...
Weng L.
Is Minimum Down Payment Changed on Investment Property?
For conventional loan, a few years ago the minimum down payment on a 1-unit investment property was 20% (if the borrower owns 1-4 financed properties) or 25% (if the borrower owns 5-10 financed properties). I am not s...
Jerome Exum
New Agent in DC Area
Hello, my name is Jerome Exum. I recently passed my real estate exam and trying to get my feet wet in the industry. I am here to start my path in real estate field and see what is possible for myself. I would lik...
Nathan James
The Specifics of FHA Residency
So I've been thinking of ways to creatively and legally utilize an FHA loan to fund a multifamily property. Reading the FHA guidlines I've seen that if I have another name listed on the mortgage only one of us needs ...
Brenda Whittaker
NMLS? Potential lender credentials?
I have read that all lenders must be registered with NMLS, yet I cant find any of the lenders I have begun to work with in NMLS. I cant find anything in there. What does this mean? That they;re not real? How do I ...
Froilan Halili
business credit card
I new to REI and I have been trying to apply for business credit cards for my real estate business. So far i have applied for AMEX, BOA, Capital One, Chase, and US Bank, and only the AMEX has approved me, the rest did...