Looking to pull a HELOC from my primary home. Lender includes PITI from rental properties in DTI but disregards income from rental properties. They say properties do not have 2 years tax records. How have you gotten a...
First time posting on here, so first of all wanted to say thank you for the opportunity to learn from everyone on this platform! I’m not even sure if this is the correct forum category, please feel free to recommend t...
I am considering the purchase of an SFR that is currently leased to a section 8 tenant and was wondering if there were any specific lenders or programs that I should be looking into for financing beyond traditional me...
Short Background: P2 and I are 30 years old; she has a stable government job and I have a successful small business that was fortunately not overly impacted by Covid. We have managed to save up about $150,000 over the...
BP Im currently investing in a market where there is low income and inexpensive properties.A big development its being constructed in this area where it will produce around 1500 jobs.Right now most of the rent it's pa...
I am down to one property, vacant, and ready to rent, but traffic has been slow. I have a person interested but is asking if I accept vouchers for section 8.I am hesitant to go down that road for fear of losing equi...
Hey guys, I am looking to house hack and this would be my first real step into REI. A lot of the duplexes/triplexes I am looking at are currently all filled. Some of these are properties are great deals and I am excit...
I read bigger pockets articles regularly.Our niche is single family homes. Most of our clients get section 8 assistance. We love it and have great tenants. Nine properties. Two of them are held by my LLC IRA. Bigger ...
Hello everyone,
I bought a condo at tax foreclosure and It was in pretty bad condition. I fixed it nights and weekends and made it pretty nice. It took about 6 weeks and started listing it before it was done. I had 6 ...
I am putting in an offer for a 4-unit rental property. I just spoke with my mortgage guy and he is indicating I need to put down 25% since it is a rental property? I thought I could do a 20% down payment?Thoughts?