Zhenyang Jin
Affordable target price comparison between business and residential loan
I am a software engineer working in Bay Area. I found out that:
Case 1. When doing business loan for 4+ units multifamily, my W2 can not be used to calculate DSCR. For the top tier area like Palo Alto where cap rate ...
Kristin Whitfield
Question about the new Fannie Mae Rules up to 10 properties
Hello I heard that Fannie Mae now allows us to buy up to 10 properties (4 units and under)I am married so does that mean I can get 10 and my husband can get 10? For a total of 20!!We live in Wisconsin by the way
Nathan Gesner
How are you "beating" government regulation?
Both federal and state politicians continue to stick their fingers in our business with various regulations. Rent control is becoming more common. Limited rent increases. You're limited to how much you can charge for ...
Chris Willson
Question on future rental income on mortgage application
Hi Everyone,I am thinking of purchasing my first home and have a question about mortgage applications. I have excellent credit (>800), however no history of a mortgage. I had a loan out on a car that was paid off i...
Curtis Curley
Landlord Insurance for Single Family Homes
For Single Family Homes, what options have you chose when you purchase and why?
Account Closed
What credit sources do use?
What credit sources do you find most useful? Which do you find most problematic?Big box credit, regular credit cards, "project" loans from banks, ULOCs, etc. I am looking at ways to supplement private money and the ca...
Pratik P.
Splitting agent commission
Hello everyone,I couldn't find the answer to my specific question anywhere else so I was hoping fellow BP'ers could help me out!I'm looking to team up with an active RE agent so that when I make an offer for a propert...
Aileen Jimenez
Commercial property and Residential property in one LLC?
We have a commercial property under an LLC. Recently, we also purchased a residential lot (under the same LLC), where we plan to build a house and sell. Would you recommend we put them the two properties in separate...
Dean Diamant
HOW TO FINANCE MY FIRST DEAL
Hello everyone, I'm looking for ways to finance my first investment property and would like your opinion on how can I play my cards right.I'm in the US with a tourist visa so I'm allowed to stay up to 6 months so I do...
Jordan Gilberti
How do you typically structure a deal between two partners?
I have a few people in my network that have offered to fund my next real estate purchase. What is a typical way to structure this that is fair? Let's assume I am the one finding the deal, managing the property, everyt...