Account Closed
FHA loan for 2-4-unit with co-signer to live in?
I'm guessing answer is no but want to make sure if any of you know...We own a townhome and want to buy a 2-4 unit investment property but were told that you can't get an FHA loan for 2-4 units after having a conventio...
Henry P.
Student Rentals - Get co-signers or have them on a single lease
I just recently bought a duplex in London, Ontario, 10 minutes away from school. I am working on the lease agreement now and wondering if it would be more beneficial to have all the students on a single lease agreemen...
Dan Guenther
First deal while unemployed during COVID
Hello Biggerpockets community, my name is Dan and this will be my first post on BP. I have been following BP and researching a lot over the past few years. Prior to the COVID pandemic I was living in New Zealand. Sinc...
Joakim Esaiasson
Morgage payoff - land contract
Hi guys, Looking for some advice on this.we have 3 rental property and our primary. Rental 1) Value 190 000 with a mortgage of 75 00 at 4.8% 15 years fixed (with inlaws as co-signer)Rental 2) Value 175 000 with a ...
Brian Mahan
Non-QM, Loan purchase with lease issue, please help!
Hi, I was pre-approved for a non-QM loan and am very close to sealing the deal on a duplex. However some issues came up with one of the leases. I closed last December on another duplex that I'm using to qualify rent...
Nabeel Qureshi
How to verify income with 1099 tenant? (he's an insurance agent)
Got an interested tenant who is an agent at a major insurance company. I don't know how this works, but he indicated he grosses a very high salary, but puts a lot back into the business, so I am unclear what his yearl...
Kevin Conness
Best way for a newbie w/limited capitol to get started
Hi y'all!
I'm a newbie to REI with limited capitol, living in San Francisco in a rent controlled apartment, but that may be ending soon. SO, I'm looking to buy a 2-4 unit property SOMEWHERE where I can afford it and ...
Chai Sag
help with high end rentals in Nj
Hi
I am renting out a house for $3300-3500 range
when I run applicants in NTN they tell me "accept with conditions" co signer , rent to income"
One of the applicants was renting a house for 280...
Dan Alva
Any Real Estate lawyers?
Hello All. Can some give advice what to do in the below situation? My parent own a house which has my mothers/fathers and sisters name on it. My sister is moved out and married and my parents want her to sign off on h...
Michael Kempf
First property ever!!!
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $169,500
Cash invested: $49,000
Duplex 3/1 each side.
How did you find this deal and how did you n...