Matt Wignall
Duluth, MN / Superior, WI - STR guidance
Hello all! First time poster here. In the last 6 mo. I have acquired 3 properties, all 3 have signed 1 year leases and I just accepted a new job in a different state(2 hours away) increased W2 job by over $20k per y...
Matt Lopez
Heloc to buy Airbnb in PR
Hey guys, i have a Duplex thats cash flowing. Bought it for 225, 200k still on mortgage. Its now valued at 360k. HELOc is letting me access 100k, was going to use a portion of that to buy an ocean view apartment in Pu...
Miho Y.
Insurance for Leasing a residential property to a business
Hi all, one of the prospects is an owner of a car repair shop near by our rental property. Our property has a large outdoor parking space, which they will be naturally & possibly parking their clients' cars. Is th...
Patrick Davis
FHA Loan Limitations
I want to purchase a 10 unit apartment building using an FHA loan. My DTI ratio is above 57%, but the rent I receive on the property will easily cover my mortgage payment. Is there a debt product or workaround anyone ...
Jeramia Matheson
new Minnesota investor.
looking for any insight anyone has for short term rentals and funding
Rylan Pyciak
Colorado SB23-184 Impact to Screening
All,
Curious how SB23-184 impacts screening and verification of income. There is quite a bit to this law, notably: (c) IF A LANDLORD USES FINANCIAL INFORMATION, INCLUDINGRENTAL HISTORY OR CREDIT HISTORY, AS A CRITERI...
Adah N.
They Include The Cost But Disregard Income
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...
Eric Thielsen
Environmentalism and Real Estate
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...
Dallas Rapoport
Financing SFR with Section 8 Tenant - Special Financing Available?
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...
James Thierbach
Questions from a Newbie Ready to Come off the Sidelines
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...