We run background and credit checks on our tenants. The first tenants that applied for a place we have for rent were section 8. We have developed a policy that we do not accept tenants:- with misdemeanors less than 8 ...
Hello everyone. I'm new to real estate and im looking to house hack. Background credit score 740, pre-approved for $230,000 for FHA loan with 203k for renovations. I am very inexperienced and don't want to be taken ad...
As the title states, I am looking to purchase my first home (To live in) and I would like to get pre-approved very soon. I was exploring the option of both conventional 20% down and FHA loans. I had several questions ...
Hello BP Community!I am a brand new agent, have some experience in and around the industry, but I just have to throw this idea out before sharing with my clients.They have been approved for a healthy conventional loan...
If you’re a first-time home buyer, now may be one of the best times to get a loan in recent history, according to mortgage advisor Jeff Welgan. With new no-money-down mortgages coming out specifically to help first-ti...
Hi everyone,I am a fairly new member of BP. Im closing on my first SFR next week and I am looking to grab a couple more in the next 90 days. Does anyone on this board have experience with accepting S8 on their propert...
Hello,Has anyone dealt with the Fannie Mae Homestyle revocation mortgage? if so could you provide more information on the loan? Also how does it contrast from a traditional 203K loan? How was the overall experience us...
Chicago Plumbing Code Pilot Program - Use of CPVC for Domestic Water and Drainage/Vent SystemsChicago is known for having very stringent construction code requirements. Some are very archaic, like the use of hub and...
Looks like the sba and treasury has denied multifamily owners from accessing PPP funding. Terrific...https://www.nmhc.org/news/press-release/2020/apartment-industry-urges-sba-and-treasury-to-amend-paycheck-protection-...
Good afternoon,I am considering doing a house hack using the FHA 203K or Fannie Mae Homestyle loan. I would like to either create an adu or house hack a multifamily that may need some work. Does anyone have any referr...