I've been told conflicting answers to this question. We bought our current single family home with a no money down VA loan. It has been over a year and we are looking to house hack a multi and rent out current house. ...

I've recently been looking into MFR's with the intention to purchase a 2-4plex and reside in one of the units while collecting rent on the the other units. While searching, I ran across 5 lots with trailers on them. A...

I currently have a fha loan and i am getting it refinanced to conventional so that i can rent it out, does anybody know much about 203k loans and how they work?

YAY!  Loan limits have been increased for Chicago on conventional loans!  This means the 5% down, 20% down, and 25% down loan programs.  My bank can start using the new loan limits as of December 3rd.  Message me for ...

Just read an article today in the fiscal times discussing Quicken Loans consideration of pulling out of FHA lending completely.  Apparently they have already scaled back,  as have JPMC, BoA, and Wells Fargo.   Sounds ...

Hello everyone!!

I’m looking for some information and hoping you guys can help me. How many FHA loans can you have at one time? I currently have an FHA loan on my home I live in, I bought it two years ago. I’m trying...

In obtaining a contract... in many markets a Cash Offer is needed to be accepted just to get an Owner Occupied home.  How would an investment asset be repositioned to an Owner Occupied Single Family residence?

I’m still relatively new to the real estate game (2 rentals owned in just under 6 months of investing) and have been coming across different strategies to buy properties. One of these strategies is called the HELOC me...

Hello all,

I've been working on a short sale for a few months now that I just received approval on. I am buying this as my first rental unit b/c I it looks like a great deal. Here are the details...

Property Descrip...

We took a loan out against one of our rental properties and used the proceeds to both buy another, and fix up another. Where do I deduct the mortgage interest, on the original property used to secure the loan?  or o...