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HI Guys,I live in SF bay area where house prices are really high so I have a bunch of mortgage debt on my credit report. My DTI come around 60%. my primary home my self and my wife are co applicant.Now I am in the mar...
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I have been reading through the forum posts on LLCs and I am still unclear on a few points.1- Should I use an LLC for my first property or wait untill I have a few and enough equity/cash flo to worry about? (That said...
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Hello everyone! I'm considering house hacking a SFR with my VA loan in LA county by renting out individual rooms and was wondering if any of you had experience at doing this in the past? I'm currently single with no d...
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I have been watching some podcasts concerning impending implementation of Dodd Frank law as it pertains to Lease Optioning. I am very concerned as to how to proceed Renting to Own for my homes in a way that is aafe. A...
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Hello everybody, I'm a first time investor looking to get into rental properties. I live in Northern California at the moment. Recently I was contacted by a lending company from Los Angeles. I believe the company name...
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HI BP, I was at a Financial College meeting with a man I've met twice. Everything was about college, until he asked, "Do you want to go to college?" I answered, saying that I knew it was a terrible investment that Im ...
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I have a mortgage related question regarding a property I am currently in contract with and hopefully set to settle on in the next couple of weeks.I am purchasing a duplex under an FHA loan (5% down) with the expectat...
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I think this place could be a great place to have a blacklist of appraisers after my recent experience. I know the admin is afraid of legal consequences, so does one exist, a black list of garbage appraisers?
I rece...
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I received a call from a loan officer today looking for alternative financing options for his client. From what it sounds like to me, this person owns a few properties free and clear, and is qualified and closing on a...
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Owning properties in my personal name makes me a little nervous, but the financing terms are just so much better with residential financing for single family than commercial.
Anyone on here, have you actually had yo...