Account Closed
I have the downpayment! Not the DTI... Advice?
Right now I'm a 3rd year university student working a part-time job (25-30 hrs per week during summer and 15-20 during academic year). I only earn 12-13k a year before taxes. I only opened my first credit card a coupl...
Bob Malecki
Licensing requirement for Georgia note investing?
As I understand it a license is required to buy residential mortgage notes in the state of Georgia and I'm posting to see if anyone has specific info on this or links to article that provide the requirements. Perhaps ...
Natalie Hahn
Investing in A+ areas in DMV
Does anyone have any recommendations for how to invest in A+/A- neighborhoods in the DMV area? What specific neighborhoods and cities are good for this and what types of real estate (condos, single family, etc.)? This...
Chance Cooper
Rent Drop Off
Just curious, what type of ways to you collect your rent? Currently I own two homes (Primary Residence, One Rental). I have my renters deposit the monthly rent into my bank, they just tell the teller my name and they ...
Gregory Pitts
Bathroom Build Out, plumbing already roughed in
Hello All, I just closed on my first property, a SFH in Rochester NY, and I am looking to put in some sweat equity during the 12-month primary residence period before I turn around and rent.One reason I bought this ho...
Stephanie Harley
What would you do-Asset advice
Hello,
Just discovered bigger pockets and excited about investing and looking for financial advice.
-purchased home 2016 $0 down 3.75%
-with mortgage plus monthly costs, it currently rents with a cash flow of $850 ...
Sean McManus
Looking to purchase a fourplex, down payment trouble
I am looking to purchase my first property, it is a fourplex. I have some money saved up but not enough for the 25% down on a conventional loan. What are some of the best alternative ways to finance or come up with th...
Joe Xie
Can I have a line of credit on rental property?
Can I have a line of credit on rental property which I have lager equity in it? What is the process and what is the cost? I am in CA.
Jerilin Buzzetta
Unauthorized occupants -- vandalism and trespassing? Lockout?
Hello--I am an out of state owner with a triplex in Rhode Island. My property manager learned this morning that one of the units is full of unauthorized occupants (no one in there has a lease). He went in the apartm...
Eric Lee
Interest rate for investment properties
Hi All,I was wondering what the typical spread is between interest rates for a conventional 30 yr loan for a primary residence vs. a rental property? My lender quoted me at 5.375% for rental property loan with 20% do...