Priya Naripe
Legal agent for Rental license in Maryland
Hello everyone,
I'm a first time investor looking for some guidance. We are in the process of closing on a condo in the Montgomery county of MD. I know we have to apply for rental license to rent out the property, bu...
Mike Elwell
My first home and 12 years later
Investment Info:
Townhouse buy & hold investment.
Purchase price: $175,000
First Primary residence- House hacked and renovated. Currently rented.
What made you interested in investing in th...
Paul Lee
Owner-Occupied Triplex Financing LTV?
I'm considering purchasing a triplex and living in one unit, but based on my research it seems you need to come up with a 25% down payment per Fannie Mae guidelines? Is this correct? I have also seen that for pure t...
Meredith Burt
Moore, Oklahoma BRRRR
Investment Info:
Single-family residence buy & hold investment in Moore.
Purchase price: $83,100
Cash invested: $85,000
We bought this trashed foreclosed home and fully renovated it. It's now ren...
Matthew Tuley
House hacking in Louisville
Hello, so I rent now plan on buying a house in a year or so with my girlfriend. But I want to potentially house hack a duplex for the year. I was thinking I would do a FHA loan 3.5% down for the duplex. How long would...
Craig Gabriel
Categorizing Mortgages as Qualified or Not
For government reporting requirements, the mortgage broker company I am working for needs to categorize each of our closed loans as Qualified, Non-Qualified, or Not Subject to Qualified Mortgage Rules. The owner told ...
Joe Bruck
Rental property mortgage , Upstate NY
1) What is required to easily qualify for a mortgage on a $300,000 single family house or townhouse purchase for income? (for example income,down payment,credit score,cash reserves etc.)2) If the above conditions are...
Sean Sabina
First Investment property in Shaler Township
Investment Info:
Single-family residence fix & flip investment in Pittsburgh.
Purchase price: $40,000
3 bedroom 1 Bathroom, Single family residence in Shaler school district. Nice size yard, and s...
Omar Laidlow
Out of State investing while looking for Hard money lending
Hello BP,I have been a long time browser and this is my very first post. I have been inflicted with analysis paralysis.BP is step one in my treatment. I currently reside in Astoria NY and would like to invest out of s...
Hollie McClellan
First Investment Property
Investment Info:
Single-family residence buy & hold investment in Kingwood.
Purchase price: $75,000
Cash invested: $7,000
Sale price: $178,500
Purchased this foreclosure and occupied as prima...