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I've recently purchased a home (that I intend to live in), and it includes a one-bedroom apartment above the detached garage. The apartment currently has a tenant. This tenant is a co-worker of the current seller, t...
Hi I was recently presented with the opportunity to purchase my late Uncle and Aunt's house. Only thing is I don't know much about real estate. I was considering trying to buy the house through a short sale. I have b...
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I have a question concerning funding a rehab, if I use a hard money lender would I be able to factor that into the loan ? Is that the same with using a bank to fund a deal? Thanks in advance
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Hi All,I am unable to find a definitive answer through FNMA guidelines and hope someone can shed some light.While going through a mortgage for an investment property, underwriter asked my dad to confirm that the forec...
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Hi All,My first post here after reading countless posts over the years that have provided invaluable insight and information - it feels like an occasion! I have spent the last few years educating myself and saving mon...
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I currently own one rental property and i was considering buying another in the near future. My question is do experienced rental property investors put all of their properties under individual LLCs?
My husband and I are trying to begin real estate investing. We would eventually like to have several of our own properties to rent out. We recently went for the inspection on our potential property this past Monday. T...
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Here my idea, please share your take on this strategy and it may have been already be a thing, but I literally just thought of it at the dinner table and abruptly left the table to draw it out on my dry erase board.So...
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I’m pursuing my first rental property and I have questions/concerns on how to go about it. There’s a property in Houston that’s appraised at 121k. The seller is will At 85k. The roof will need to be replaced as well a...
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One of my requirements on a rental I have listed is 1 year of employment in current job. I have a couple potential applicants who are moving to the area and reached out about my property. My question for those with si...