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Hey guys, I'm new to the RE world and looking to invest in a duplex in my area. I'm planning on using an FHA loan and need to occupy one of the units for 1 year. Is it legal for me to rent out one of the bedrooms to h...
I've been sitting on nine investment mortgages for a while now because I was holding my 10th mortgage for a primary residence. After reading over the Fannie guidelines (https://www.fanniemae.com/content/guide/selling...
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Hi Everyone! I have a client who has two loans (conventional/non-VA) and needs to quickly refinance them to stop foreclosure. He wants to use his VA loan entitlement but has a really low credit score (under 520). D...
If I own or am buying a house in Los Angeles that is not covered under the RSO (rent stabilization ordinance) do I still have to pay the assistance fee? are all homes built before 1978 covered under the RSO, even if i...
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BRRRR Clarification Question:If I buy a house for cash, live in it during the rehab as my primary residence, then refinance (as an investment property) and rent the property out...What is the minimum length of time I ...
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Investment Info:Single-family residence buy & hold investment in Hutto.
Purchase price: $189,000 Cash invested: $3,000This is a single family home in a residential neighborhood outside of Austin, TX.
3 b...
I currently receive a homestead exemption on my home.
We will be renting this residence starting January 1st. Am I able to retain this exemption on a rental?
My understanding is no. However I’ve also read that you ...
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How do I put down 3% instead of 15 to 20% for an investment property without it being my primary residence?
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $252,500
Cash invested: $21,000
Purchased as a primary residence turned short term rental.
What made you i...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $140,000
Cash invested: $20,000
Second investment and full time primary residence. I airbnb this house every weeken...