We have been discussing this at my office all day. I don't know much as this point, but here's what I know: "Fannie Mae is tightening the underwriting criteria for second homes and investment properties, the governmen...
I’ll start. I’m 38 and I own 0 properties. I am reading all I can on REI with the goal to buy my first property within the next year. I’d love to be inspired by some of you and your journey. I’d like to know your ...
Hello all, hope all is well. This rental has been on the market for 15 days and after 48 leads no one has qualified. Due to no one having 600+ credit score. There is a married couple, with 2 kids that claim they have...
Hi! Just purchased our 2nd investment rental property. Loan amount $304,000 7.3% interest (house value $600,000). Other rental loan is 3.5% $553,000 (house value $770,000). We can pay an extra $3000/mth. Could pay off...
I drive a very old sedan. Most of my tenants drive nicer cars than I do. Now that I am considering purchasing a new(er) car that probably will be nicer than theirs, I am wondering whether to keep the old one to commu...
In this industry, there is a lot of incentive to bend the truth, some say dont say x to the lender.. and if something happens dont say y to the insurer. When it comes to raising capital, appear this way, speak that w...
Hello there!I just attended a local RIA club meeting where they talked about note investing – first time for me hearing about note investing. It was a really nice eye-opener for the opportunities available and other m...
Just an introduction to help you help me: I live in Los Angeles, CA, and I am the Regional Manager for a marketing company. LA property prices are completely out of control, and the amount of bids a house gets just te...