Sammy Marshall
Material Participation Qualification
Hi everyone!
Hope everyone is enjoying their new year. My wife and I are close to closing on our first STR property in Saint Augustine, FL. I have listened to numerous podcasts about being able to prove material part...
Bobby Kohler
Rental Income taken into account
Hi, newbie here...I read in a blog somewhere about when banks will consider your future rental income in the loan decision, and now I can't find it. Can someone please tell me when this is the case, what type of loan...
Jason Warren
Rent by the room financing
Is there any way rent-by-the-room income can be counted for owner-occupied SFH mortgage qualification?Also, if the house has an ADU, can the ADU's or the main house's rental income count for qualification?Thanks!
Jenny Cunningham
To all the female investors!!!
To all the amazing women investors on BP! My name is Jenny Cunningham from FL, I started investing in real estate about 2 years ago with my partner (male) and have mainly focused on doing flips while recently looking ...
Mary Jay
Is it possible to get loans after stop earning W2?
Hi guys, I have always worked but would like to stop at one point. Would it be still possible to buy real estate through conventional methods without W2s?Lets say one makes 100K in a corporate America on W2 (which is ...
Ryan Keenan
Fha loan loan while owning properties
Hey bp, If I have not used a fha loan yet, would I be able to use it on a fourth property? Currently renting and not living in any of my properties . Has anyone done this? Would be looking for a 2-4 unit on the fourth...
Allison Jones
Multiple Credit Pulls
I know that multiple credit pulls impact your credit score. How do you get around that with talking to multiple lenders? I have 2 lenders that I work with regularly but looking at a 5 flex for the first time and may n...
Dylan Tettemer
Mastermind/ Meet-Up For Veterans and Active Duty
I am not sure if something like this has been started yet, but if it has I would like to join it!However, if it hasn't I would like to create something where past and current military members can meet up through skype...
Jessie Creighton
Multis after the first year
Hi Maine people, Here's a silly question- say I'm going to purchase a move-in ready retail-priced duplex to live in. After the first year I decide to move out, say it cashflows but only slightly (200 a month?). Will I...
David G.
Cash on Cash formula/Principal payment
Hi, can anyone clarify if the Cash on Cash formula includes the principal payment or only interest expense?