Rene M.
City of Charleston SC - AirBnB rules question
Hi all,I am currently trying to research the STR rental regulation on the peninsula/city and came across a question I couldn't find an answer to.So I would live and own a triplex (fulfills the 4% tax rule) and have 3 ...
Paden Anderson
Would you? Buy and hold seller finance deal Ogden Utah
I have an option to purchase a duplex built in the 60's within a mile of Weber State. Its a 3 bed 2 bath up and a 2 bed 1 bath down. Gross month rents should be about $1800 a month. Sellers will sell the property for ...
Account Closed
High DTI, credit score 760+, W2 income 300k+
Hello all,I am looking to purchase a home overseas as a holiday home/ air bnb. I own 4 rental properties and my tax returns have quite a bit of write offs resulting in high DTI. Besides that, I have plenty of equity b...
Matt Leber
Choice Between Two Properties
I know some of you will probably tell me to offer on both properties, but....which one would you favor? I know numbers don’t usually lie, and they favor property 1 slightly. It’s just older and smaller and may be more...
N/A N/A
Is a Triplex without building permits still a buy?
I'm looking to buy my first piece of investment property out here in California. I've come across a Triplex selling at a deep discount. I've talked to the listing agent as to why it's selling so cheap, it's because th...
Ellie Narie
How soon can you get an FHA construction loan after USDA loan?
I live in a small town and there aren't really any multi family properties to buy. Plus, it's a lot cheaper to build by buying a new manufactured home and putting it on a permanent foundation. Now, the problem is, I d...
Jay Charles
Help w/offer to seller
1-Story Single family home in a very desirable location in South Florida has 3 bedrooms, 2 full baths, central heat & A/C, family room, dishwasher, refrigerator, gas stove/oven, tile floors, 2 closets including a...
Susan Brown
Sell or Keep, Can't Decide?
Hello,I've tried to decide, but am struggling. Any input welcome.Should I sell or keep my primary home? Spouse was transferred about an hour away. Closing on a home there in a few weeks.
Owe 18,000 + 6,000 HELOC. ...
Account Closed
Using personal line of credit for friend who is a builder
A family member is thinking of using their line of credit on their paid-off house for a friend who is a builder. I am curious if anyone has ever heard of or done this before. Apparently, when the house is built the...
Anurag D.
Take Equity Out (DTI maxed out, DSCR almost 1)
Hello,
> Assumption:
- Single Family residential rental (one-unit) (CA) with good (~45%) equity built .
- DTI maxed out for Conventional loan requirements (Freddie-Fannie based loans)
- DSCR just reaching...