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Below is what I've seen from Freddie Mac where I got my loan. Please note that "borrowers are eligible for forbearance regardless of whether their property is owner occupied, a second home or an investment property."...
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Hi, i am curious if this is even possible. My question is. Is there a way I can get approved by a lender without a co-signer for a 500k duplex in Chicago only making 50k a year ? If not, is there any other way ?
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So I am starting out in real estate, and my mentor(my grandfather) and I just bought our first house to flip. The house down payment was 12k and we are both in 50-50 on both down payment and renovation costs. He has d...
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I have been reading @Scott Trench book Set for Life and a question occurred to me while reading that I am hoping to get some insight to. It says that the first priority after paying off all bad debt is to accumulate ...
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Hi everyone,
Just listening to BP podcast 183 with Sarah Pritchett and she referenced the website mrmoneymustache.com . Just checked it out and it looks pretty awesome. Anyone a follower of that blog and if so, have...
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Well, its Labor Day. And I worked more today than yesterday.Stopped to watch a couple of youtubes and they got me thinking. Got a notification someone voted for a post I made; they were from New York City. Both it...
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A lot of experienced investors and non-experienced investors use large sums of cash to obtain properties at great discounts (70-80 cents on the dollar) via direct sales of pocket listings or auctions. Paying ca...
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Excited and relieved. After 5 contract extensions for reasons way beyond my control, the ink is finally drying on an FHA financed quad, bringing me to 6 units.In March of 2016, 2 months after my 23rd birthday, I boug...
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There's a part of me that hopes that in writing this, it will somehow make it much more real - so here goes:My five year plan in action (2014-2018) - what's yours?2014The plan: Fix credit (destroyed from divorce and s...
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I'm 29 years old married with one child on the way soon. Born and raised in Chattanooga, Tennessee. We were married on Sanibel Island and we're lucky enough to to have our wedding filmed as part of the official Sanibe...