Omid Khezri
First Time Home Buyer - Higher down payment or adding another person to the loan
Hello Everyone,My wife and I are buying our first home, which is a single family in Connecticut. We are moving to CT for 2 years for her education and then will be back to Florida. We are going to make some improvemen...
Aniejane Thankachan
Bank is not offering HELOC
Hello - we are at the very beginning of our real estate investing journey. We heard about HELOCs and liked the idea of being able to use cash from our equity on our primary residence to invest in rental properties. We...
Brandon Mattingly
Good Rental Applicant, but In/Out Family Roommate - Question
I have a good applicant for a 3/1 SFR I rent out who told me she would be expecting her mother to move in with her during the summer months but then leaving back "home" to her home out of state. My rental is in Indian...
Terry J.
What to do with current rental?
So, before I got into REI, I had a rental in a hot rental area, but have now learned that it's not making my current ROI. In fact, I'm losing money keeping it. I can turn it around by putting 30k into it with repairs,...
Chris Mason
*HUGE* "house hacking" mortgage guideline change in pipeline
Home Possible from Freddie Mac has long been my favorite 30YF mortgage product. 95% LTV on a 2-4 unit property you will live in, but no FHA downsides. Specifically...Conventional alternative to FHA that requires 5% do...
Jo Zhou
Urgent, Help, Potential Tenant with Pitball
Please help me look at my situation: My PM threats me that the potential tenants will sue my insurance company and me for not taking them because they have a pitbull. Seriously, my Property Manager threated me that If...
Vince Liu
Deduct Loss created by Depreciation Expenses
Hi Tax Experts,I learned in a article that you can actually use the loss created by your real estate investments (of course it's not realized loss) to offset your W-2 wages and other income. Is that true? Is there ce...
Brian C.
When does a 'guest' become an unapproved tenant?
My tenants 'friend' arrived in his own motorhome and has been there a month. At what point does he become an unapproved tenant who may or may not be subletting from my tenant?
John Menton
FHA for family member?
Could I use an FHA loan to purchase a multi family for my brother who is a college student. This would be his primary address but not mine. Not sure how that works.
Put him on the loan so that it's sort of owner oc...
Samuel Kimani
Great Fannie Mae News!
Fannie Mae makes an announcement today to raise the number of financed investment properties back to ten. Since October of 2008, Fannie Mae had lowered the number of financed investment properties a borrower could hav...