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Results (1618)
Steve Meyers Check Your Master HOA policies for replacement coverage
31 August 2023 | 1 reply

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...

Johnny Quilenderino Mortgages capped at the number 6 locally
17 March 2017 | 6 replies

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...

Michael Uden Hard Money To Buy Short Sale/Pre-Foreclosure
1 July 2017 | 2 replies

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 ...

Rick Oaks Refinancing / rate/points
27 October 2020 | 8 replies

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...

Ana Hyler Fannie Mae - the landlord
15 December 2008 | 13 replies

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...

JD Hawkins Addendum's needed to do REO and Short Sales.
24 August 2010 | 15 replies

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...

Erich Martinez Colorado Double Closing - Handling Reserves
15 February 2017 | 7 replies

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...

Nicky Rasulova What information lenders require to evaluate a borrower credibility?
8 February 2015 | 6 replies

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...

Serge S. Low inventory in Arizona
29 November 2011 | 0 replies

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 ...

Keith A. Using equity when you don't have 2 years landlord experience
3 September 2014 | 8 replies

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...