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...
Eddie Marcano
Improving a Real Estate market
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...
Jonathon White
Incentives for Tenants to Pay on Time
Situation: Have a single Property in Ontario, Canada. Ontario does not allow late fees to tenants. So previous guests have been paying 2 to 3 months late (i.e. unilaterally deciding to pay the whole quarter at a tim...
Scott Huggins
Charleston Market update
1,029 homes sold in November in the region at a median price of $246,000 according to preliminary data released today by the Charleston Trident Association of Realtors® (CTAR). In November 2014, 987 homes sold at a...
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...
Charles Heyward
First-Time Home Buyer Tax Credit for Service Members Extension
It looks like the whole real estate market is now waiting to see what's happening with the first time home buyer's tax credit. The deadline is approaching and no big news about the extension or expansion.
There was a...
Justin R.
Small Apartment Financing
Can someone please help explain guidelines for apartment loans.
I just went under contract for a 6 unit multi fam in Michigan. My plan is to BRRR (buy, rehab, and then finance) this property.
Are their min/max amoun...
Rick Villamil
What to watch for when buying drug houses
As a newbie I understand making the numbers work really is about buying right. Buying houses that nobody wants to touch and getting them for a really low price.With that said I have been looking at some houses that ar...