Ryan Newport
FHA now and Evict Later with Moratorium ending?!
Hey all,
Curious to hear some feedback here and see what people's takes are on the topic. I'm currently seeking a house hack with an FHA loan, so of course two of the requirements are that I live in it for a year an...
Tony Salemi
Is anybody getting 75% LTV on cash out refi of a multi unit?
Trying to do a cash out refi on a duplex. To get to where I want to be, I'm looking for 75% LTV. Fannie/Freddie is 70%. It's like I'm asking for the moon. Even the local banks are no help. What are others finding...
Brandon C Abney
House Hacking Question - Loan Types and Legal Entities
Hi everyone, I'm new to Bigger Pockets, and I have a few questions that I'd be quite interested in getting some opinions on.
For a little bit of context before I get started, I'm a college student in Louisville, KY w...
India Brown
Proof of Funds for wholesaling
What do you do when the sellers ask for proof of funds and you are just starting out? Pass?
Simon Obas
Should I not buy because I may not find renters?
Greetings. I am interested in purchasing a second triplex and House hacking. Given the current state of the country/economy, I am concerned about finding renters. I am located in New Britain Connecticut. Are you al...
Bryan K.
Chicago Smoke Detector Compliance
Are there any Chicago landlords out there familiar with smoke detector code in Illinois/Chicago? My understanding is that all smoke detectors need to be hardwired near each bedroom. I just bought a building and, for...
Jim Peret
WisconsinLegal Blank
I use Wisconsin Legal Blank rental Agreement (form 19) and sometimes also use their Nonstandard Rental Provisions (form 984). Are they the best for small Landlords? What's the best way to split up snow removal and lan...
Lynn Z
HR3648 reduction in cap gains rentals converted to primary
Does anyone understand this new bill which was passed to pay to forgive mortgage debt? Effective after Jan. 2008 for sale of any residence that previously was used as a rental or vacation home. I'd appreciate some ...
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Residential loan inOhio.
I've been talking to a C.Banker in Ohio. He approved me for a 30 yr fixed at 6.675% with 25% down. I'm wondering if there are any loans with the same terms out there with only 10-15% down anymore or am I wasting my ti...
Mark S.
1099 Needed for Rental Properties
There seems to be some conflicting information online regarding when 1099 forms are required for small landlords (see link below). Does anyone have a definitive answer on this? Would I need to issue a 1099 form to my ...