We have a commercial spot under contract that has a 3/1 house as well as some storage potential and a small commercial unit. In talking with the bank we are getting in house financing at 5.4% amort 30 years. My questi...
Hey everyone!I am looking to purchase my first rental property sometime in the near future (within 6 months).My question is, does getting a mortgage for a rental property affect my credit if I am looking to buy a prim...
I've been doing research on this but haven't found a clear answer yet that clarifies it for me. Basically, I am looking different options for doing a short term rental in an area that I think is ideal for this busines...
I have lived in my single family house for a little over 2 years. I rented the apartment above the garage out for 1 year. I was thinking of 1031 exchanging 20% of the proceeds from the sale (20% because that is how mu...
NOT looking for a hard money loan (so I guess that I should assume that no one will answer this).
I don’t want to pay astronomical fees for a HML especially if it takes longer to fix up for whatever reason. Is there ...
My husband and I own one STVR property in Florida. The property has no mortgage. We own our primary residence; it has a mortgage with about $250k worth of equity.
We would like to purchase a second STVR investment ...
Happy Holidays, and I wish everyone great success in 2018!I have recently caught the REI bug. I am looking to buy and house hack but there are a few things that worry me. Just looking for some advice/feedback from oth...
I'm stuck in a little analysis paralysis here and would love some feedback. I have a 4 unit in Chicago that is barely Cash Flow positive because I keep one of the units for myself but barely use it since I spend 99% ...
I just closed today on my first property. We done a conventional 30 year loan and at closing there was a paper I had to sign that said I must have the home as my primary residence for 1 year. My wife and I are thinkin...
Currently in the process of getting financing. Going to be a owner occupancy conventional, so only need 5%, I’m on board!Lender tells me they can’t use rental income because I don’t have 2 years rental history...Now m...