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Has anyone had any success using Airbnb income for a loan application? I have heard rumors that some smaller banks may consider it on a case by case basis. Any guidance on this would be appreciated.Sebastian
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Hi, I am looking at ways to acquire rental property. I have a current home which I have lived in for 2 years with an FHA loan. I am wondering if I could move to a different home in the same area and acquire a “normal”...
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Can someone give me the low-down on 1031 exchange and how it can apply to a primary residence? From my understanding if you have no intentions of making your primary residence into a income producing rental for at le...
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I am a realtor and I flip houses. I list my own houses, but this would apply for any realtor listing a client's house or their own.I always get asked this very simple and basic question "Do you have any other offers o...
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Hey all, I have been reading and researching like crazy and have learned so much from everyone on here. Thank you! I posted a quick intro last night and wanted to zero in on 2 specific questions with these goals in m...
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l am planning to purchase 2 properties. Is it possible to take a combined loan (one loan) for both built into one loan? by that saving some loan fees and overall closing cost?
I have heard, it is not possible given t...
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Hi Guys!I recently flipped a property that has 4 houses on over 1 acre of land. It is here in Kansas City about a mile from the football and baseball stadiums, (Royals and Chiefs). We planned to renovate them and the...
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I am being told I'm "not authorized" to post to a topic under "General, Site Discussion & Announcements" as soon as I click the Reply to Post button. It says at the bottom right hand corner that I should be able ...
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I have a client who has a very large lawsuit who has been levied, and the judgement has gone against him. He owes $5 to the lawsuit and has $1 in equity in his home (numbers have been changed). He has no other assets....
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I have seen several topics on foreclosures. However I havent seen a answer that made sense to me. I have 6 homes that have been reo listed for atleast a year. What steps should I take in order to:
1. Get the market va...