Hi All,I recently came across an issue here in San Diego with an HOA in Mission Valley where they complex didn't have proper insurance coverage for a conventional buyer. I found out that a new guideline for Fannie an...
Good morning BP, I am a newbie still floating through the boards and learning daily. I am about to get my fourth rental and noticed that I am cannot exceed six open mortgages. Currently, I use USAA, USAA, Navy Federal...
Hi everyone,I'm very new to the world of investment properties and have yet to even do a deal but after listening to Bigger pockets first 20 podcasts I had a question about short sale/pre-foreclosure deals. I'll try ...
With the historically low rate that we are receiving right now is anybody else refinancing their properties. I spoke to my main loan guy and he told me that yes the rates are low but you are going to have to pay point...
I read online that:
"Fannie Mae agreed yesterday to become a “national landlord,†by support the first initiative designed to rescue renters facing eviction all across the country. The mortgage giant will sign mo...
Long time RE investor but new at wholesaling. I am ready to start making offers on REO as well as Short Sales I will be using Double closings where I will do First the A-B closing with Transactional funds and will...
I'm working on two real estate deals and was pre-approved for both (a Single Family Home (SFH) and duplex). I've gotten appraisals on one property and inspections passed underwriter final review on the SFH. On the d...
Hi everyone,I had a question on what type of information a lender usually requires from a borrower to evaluate his/her credibility. Is there a sort of checklist of docs/information that is necessary before applying to...
I'm really starting to wonder if the good times are coming back. Anybody noticing the drastic decrease in Inventory via MLS, Trustee, REDC, etc. REDC/auction.com has no Fannie inventory left and has been getting into ...
I have a few properties that are leveraged and also some that are free and clear. I have been able to use my salary to control the DTI for the first few of them but now am reaching my limit without including income f...