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The tenants in my 2bdrm 1ba house are disabled. They have faithfully paid their rent on time despite their very modest income. They just qualified for a HUD Voucher which I agreed to accept. My problem? In the few mon...
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Im new to everything. I want to know the first steps to flipping and renting my first properties.
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So the underwriter came back with an official approval of my 20% down conventional loan! Whoo hoo! However, we still had to exit the deal on the table after the inspection found serious foundational issues beyond the ...
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What's a typical max DTI ratio when buying a primary residence? I have heard you can go up to about 50% DTI for just the housing payment if you have no other debt but I've also heard the front end ratio is much lower ...
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Hi. I have owned several townhomes in AZ. One property recently changed management companies. I received this present today seen below (on the heals of a $5k special assessment divided monthly into just a few short ye...
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I have been hearing that commercial apartment rates are in the 6.5% range from several podcasts recently. I am working on a 7 family and a 9 family deal, but all of my local lending contacts for commercial loans are...
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Good morning all. Me and my wife and currently looking for homes In the ny/longisland area. We have seen some that are short sale and wanted to bid on one. Being that it's a short sale there was really no kitchen we n...
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For those landlords in CA, Governor Nuisance recently signed into law a bill limiting security deposits to a maximum of one month rent. It used to be a max of two months rent with a three month exception for furnished...
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Hi, I am a investor/rehabber looking for pledged asset financing, using stock portfolio as collateral. Would welcome the chance to hear from anyone about this process or bankers who work with these kind of loans.
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I'm a real estate agent in Georgia. In the last few weeks, I've had 2 potential buyers, both with steady income, denied mortgage financing due to them reporting business losses on their tax returns. After deducting lo...