Joseph Scorese
Refinancing Your Mortgage: When It Makes Sense
Refinancing Your Mortgage: When It Makes SenseImportant considerations for when refinancing is a good financial move.Refinancing your mortgage can offer a way to take advantage of low interest rates -- or, if your mor...
Rereloluwa Fatunmbi
Qualifying for Real Estate Professional Status: A Detailed Inquiry
I'm employed as a W2 computer engineer, while my wife works as a W2 software engineer. We have one short-term rental (STR) and two long-term rentals (LTRs). I'm curious about my eligibility for real estate professiona...
Megan McKinley
New to REI, Hungry to Learn!
Hey friends! 👋🏼I'm brand new to REI, but hungry to learn! Currently living in CA, but moving soon to the east coast. Looking to House Hack in the next year (market TBD). Would love to connect with new or veteran inves...
Paul Sandhu
Do you have a uniform or official shirt for your VR or STR?
98 percent of the people I rent to work at a refinery, they have to wear flame resistant (FR) clothing. All the FR clothing has tag or other mark on the shoulder that identifies it as such, and some custom embroidery...
JD Krashovic
Fair housing - legal to rent only to a certain profession?
Specific question regarding fair housing. Let's say I work as a doctor in a local hospital and I decide to start investing in real estate. I purchase a duplex that is near my hospital with the idea that it would be pe...
Neel P.
Will an SBA 7(b) Disaster Biz Loan prevent me from qualification?
I got approved for an increase in the disaster loan to my business (I'm self employed) by the Covid 19 Disaster Loan program. This is a 3.75% 30 year repayment loan to the business.
Because it was over a certain $$ a...
Jonathan Blandino
Can I rent rooms in my property?
Hey, I was planning on purchasing a home in the area I am located currently since it looks like I will be out here for a 1 -2 yr contract and the property taxes are low (compared to NJ, but who isnt) and townhouses ar...
Marie Eisley
Looking to house hack first multifam home in the Bronx
Hi BP! I'm pretty new to REI but I currently own a 3-bed single family in the Bronx that I rent by the room. I put ~7% down on a 30-year conventional loan in 2019 and have been living in the basement there. I'm lookin...
Robert Kriedermann
Investor trouble getting owner occupied loan for the purchase of a home to move into.
I'm trying to get a purchase loan to occupy a single family house but because I'm a self employed real estate investor, I haven't been able to get banks to lend. I have a great credit score and can put a lot of money ...
Heather M.
Pulling equity out - is it possible?
We currently own 5 properties, all have equity with less than 80:20 loan to value. One inpaticular has 30% loan to value currently. We live minimally off the income they generate currently on a sailboat. would ide...