Marco G.
FNMA SFH Mortgage Limit Moves up to 6 from 4!
New guidelines released today, for mortgages closing after Oct 26, 2015. Traditional guidelines now will apply to 6 instead of a max of 4 mortgaged properties. No increased credit score or down payment requirements ...
Adam Kay
Any limits to buying down interest rate for investment mortgage
As investment mortgages tend to have a higher rate, are there any limits to how much of the rate can be bought down? To make the monthly profit margin bigger, we would be looking to buy this down 8-12 points (2-3%) on...
Mindy Jensen
HOA trying to limit interior decor. Can they do this?
In one of my groups, a condo owner has received a notice from the HOA board:"Unit owners shall be responsible for painting their limited common elements (earlier defined to include interior walls, wallpaper, and floor...
Maria Zielinski
Buying partner's share of apartment building & limit income tax
I own a multi-unit apartment building with my parents and they are looking to sell their share. I purchased their partner's share about 15 years ago. They have owned it almost 30 years and their accountant is recommen...
Michael Goldsmith
Possible ways around the 4 unit limit for conventional financing?
Here's a very bizarre scenario that I'd like to bounce off of all of you. I'm looking at a property that has a house, and 2 duplexes on some acreage. Three of the 4 units are already rented, and the 4th isn't curren...
Chi Ta
BRRRR - just a dream it seems, the limitations are real
I have to put it out there, let's say you get several BRRRR down and things goes great.1st BRRRR you manage to refi it into a owner occupied property.2nd BRRRR investment loan (now what type of loan are we talking abo...
Frederic Renken
Some comments on the anti-flipping law 91 days limit
Dear Friends,
I am a newbie flipper and nervously dipping my feet into this alluring waters for the first time.
I have collected some notes on the topic of 91 day seasoning ti...
Spencer Posner
How to get started investing in notes with limited capital
I want to get started investing in performing and non-performing second mortgage notes, however I don’t have any connections or a pile of cash to get started. Any advice how to move forward and start to build a book?
Jay Chekansky
Confessions of a new landlord - How I overcame limiting beliefs
All-right BP,
I figured this would make a great topic for a post that I hope helps some people out. In my first few years as an investor, I mindlessly subscribed to the notions that all tenants are headaches, all la...
J Bess
Fannie Mae 7% limit - new rule? What does it mean
https://www.housingwire.com/ar...What does this mean for the average investor who works with a national or local bank? Will this make it harder to finance investment properties with conventional mortgages?