I am looking at buying a property in Moab. However is a manufactured home which usually need to be a primary residence to get a loan. I could go the commercial route, but interest rates tend to be higher. Does anybody...
Hi BP,I'm currently in the US on H1B visa (4 years so far) and have approved I-140 (permanent labor) which allows me to extend H1B. I'm looking to buy my first rental property. My questions are - is it a good idea to ...
Is it possible to get an FHA mortgage on a Fourplex property for 5% or less as a down payment?Thanks
We are looking for ideas on how to house hack a duplex out of state. My current Home has no mortgage on it, and we wanted to keep it as a rental along with the other side of the duplex. We would have to find jobs afte...
Can someone please tell me their thoughts on GFE when seller financing? Is it just good practice or is it required by law, or any other information that I might need to be aware of?@Joseph Sanders
Hi,
I have talked to a few lenders about using income from roommates at my primary residence. So far it seems like this type of income cannot be used. Does anyone know if there are any mortgage lenders that are able...
Let me explain my situation/dilemma. I am moving away from NJ to FL. I have my primary home in NJ which is paid off, which i turned into rental (tenants are moving in soon) and purchased another home in FL which will ...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $350,000
Cash invested: $25,000
Turned our former primary residence into a long term rental based on low int rates ...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $55,000
Cash invested: $11,000
3 bdrm 1bath
What made you interested in investing in this type of deal?
...
Hey BP.
I have a dilemma, my partner and I are looking into investing in Texas. We want to create an LLC, but we are unsure how that will affect us. We reside in California, and my Lawyer advised us to open the LLC ...