Meet Husband, Wife, and Mom. Husband and Wife are pre-approved for $900k in loans, looking for a 2-family house. Husband & Wife will occupy 1, Mom the other. To make the down payment, Mom will sell her fully-ow...
A recent BP podcast guest talked about working two jobs so he could acquire more real estate. Any thoughts on this? What sort of job would you choose?
I think with an issue with this is that a house is a big item. I...
Hi there...I'm a newbie and I need HELP!! Can someone please tell me what the J/E would be for the attached Settlement Statement? This property is in a LLC, but we paid for it personally, so do I first need to includ...
I'm going to be taking some business trips to Kansas City soon. I'm using my SWA miles and it occurred me the other day I might be "doing it wrong". I have both a personal and business SWA card. If I'm able to write o...
Working 3 years at job (with hopes of getting mortgage approval after building credit history and saving. Im looking to get into a 4plex. Got down payment saved. Currently own my home free and clear. Score at 680 and...
I’m the seller. A buyer has approached me that does not yet have a SSN. He is a contractor. He has a Tax ID. How or who can get him prequalified to buy of he doesn’t have a credit score??
I have 2 rentals, looking to get into Multi family in the new city I live in FHA 3-4 unit and live in one unit. I’m in high rent city 1700 for my current 1 bedroom unit. So I feel this would be best. I was told to mak...
My daughter is going to be doing 20 years in prison state of Indiana she wants me to buy a house for her and her name so she has somewhere to go when she gets out because by the time she gets out I'll be gone any thou...
Tried to cash out with ally bank and they asked for 2 years salary proof. Is this a standard requirement from banks or are there others with less strict requirements of say a few months income proof?
Investment Info:
Large multi-family (5+ units) commercial investment investment in Fall River.
Purchase price: $750,000
Cash invested: $220,000
This property is a project. 18 unit renovation happenin...