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Hello everyone,Fairly new member (and overall investor) here looking for help. Thank you beforehand for any advice!I have the opportunity to get into a duplex with either an FHA loan at 3.5% down or with a conventiona...
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On a recently conventional fannie/freddie transaction my head underwriter called in to FNMA/FHLMC and they have determined that these financed properties inside IRA's and Solo K's count towards the financed properties...
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I have seen ads for home warranties and of course the company tells me how great they are for rental property. Here is what I have been offered:
Do they really give what they promise? Are they really worth it or a...
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Good Evening,I was wondering if you could ever Lose your VA loan.Meaning ,say you have been out of the Military for 10+ ears and have never used it ............. Do you have to use it by a certain number of years ?Als...
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Hello fellow BPer's
I have an applicant that is well qualified with good income and a good references. I have a bad feeling about him as he is extremely argumentative, nit picky and pushy. He seems like an extremely h...
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Hey all, my wife and I are looking to purchase our first investment homes and will be out of state. We are currently pending on our HELOC that we will be using to fund the down payment of which will be coming sometime...
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Hello BP,I'm a new investor in Broward county, Florida which is where I live. I'm starting to work with a local realtor and after a few days, I received these documents to sign as part of the "onboarding" process. I'm...
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Let's say I have $70,000 to invest. I have a chance to get a 5.2% return outside of real estate. As a buy and hold investor, if I can get more than this return, where should I invest/what is the best strategy in order...
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Hello,
What is a good and (if possible) kind way to communicate to tenants that if they were to renew the lease, the rent will be increased at the legally allowed rate, which in this case is 10%?They are currently in...
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Greetings to All. Hope everyone had a festive holiday. I have an opportunity to purchase a 2 family frame and a 1 family frame house that sits on one lot. Neighborhood is A, if not A+ with great school. It's in a de...