I have been talking to a few lenders and banks trying to get approved to buy a 2-4 unit complex as an owner occupant. Can anyone shed some insight or advice on this subject. My understanding was that I could purchase...
Hi everyone,
My building (condo high rise) started implementing a fee called "lease fee" two years ago. Its $500 per year.
They passed the resolution. Can this challenged or negotiated in some way?
I own one ap...
Greetings BP and friends,*Should I rent out my house and buy another property to live in?*The context:Currently located in a strong housing market, South Knoxville, TN. 2 years ago I was able to buy my current single...
FNMA starting today will require reserves to be calculated differently than in the past. Previously they counted a certain number of months PITI for each property as reserves. Now they will use a percentage of the U...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $71,000
Cash invested: $11,000
SFH in Hamilton Ohio. Bought it from an old lady that had dimentia and needed to mo...
I have one rental property and am looking to get more but don't have the down payment for more properties is there a way to buy more properties without putting down 25 % I have excellent credit. Don't have a lot of...
Investment Info:
Single-family residence buy & hold investment in Roseville .
Purchase price: $499,450
Cash invested: $14,983
This is a single family home with 1,452 sqft and is a 3bd 2bth.
...
Hello everyone,My wife and I, will be moving to the Orlando area in roughly a year. We want to start our journey in real estate investing once we move. Right now, our focus is cash reserves for two potential options.1...
Do you set aside money each month into a savings account for reserves? Is it unwise to rely on a HELOC on your primary residence for when any repairs come up so that you can plow all of the income from the rental pro...
I currently own a home with my wife in Orlando, Fl. It’s our first property financed through FHA under her name. We are looking to upgrade and buy a second home as our primary residence and convert the first home into...