Lawrence Hsu
Do you count unemployment benefits as income?
Novice poster here.
I have co-applicants to a unit. One makes good income, but not enough to satisfy the monthly income 3x rent rule. The coapplicant submitted unemployment benefits as income, which combined with the...
Austin Lynk
Renting Out Primary Residence in Year 1 - Help Me Avoid Fraud!
First, thank you for taking the time read this snipped and consider providing advice.Situation:I purchased a home as a primary residence this year. The lender requires me to live in the home for 6 months and 1 day (ma...
Jerilyn D.
"Subject To" Question
Hi guys!I hope this isn't a stupid question. When purchasing "subject to", is there a point in time when you are able to get the seller's name off of the loan?
Kassy Morris
4-plex Owner Occupied Insurance
Hi y'all - I am trying to find a carrier that will insure an owner occupied 4 plex under a homeowners policy to satisfy FHA loan requirements. Anyone have a carrier or broker that may be the right fit?
Robert Parker
Wholesale Open vs Closed Probate Cases Help
Hello everyone,I would really appreciate any help in regard to open vs closed probate. I'm here in Houston, TX and I gathered about 30 or so viable contacts. But I notice the probate cases were closed. These cases I'm...
Aaron K.
Interesting dilemma - Title search shows existing mortgage, owner states it was satisfied, but no proof exists. How to purchase?
I want to run this past you guys to see if there's a solution in here somewhere.
A title search of a property I'm looking at purchasing indicates that there is an existing mortgage on record. The lien-holder...
Nick Choruby
Cash Rent, No Evidence - Red Flag?
Seller has 7 single family homes and wants 100k each. He claims the rents are all $1000 a month, but has never used leases, collects cash only, and won’t provide bank deposit statements or any form of evidence. Won’t ...
Linda Weygant
Lien research help needed.
I sit on the board of the HOA of one of the properties I own and we're trying really hard to collect almost $200,000 in back dues that are owed. It's a long story as to why they weren't collected, but it's time to mo...
DB Smith
Fourplex Insurance Quotes in Fort Worth TX
Hi - I own a 4plex in Fort Worth,TX area (4 units, 1100sqft each, 1994 built). My current property insurance provider is Nationwide and have outrageously increased the rates 2.5 times in last two years. The new revis...
Tyler Smith
Owner Occupied Loan to Investment with PMI?
Can you turn an owner occupied property into an investment property after 12 months if the LTV is greater than 80% and there is PMI? I am thinking of turning my current home into an investment property after 1 year an...