Terry Lewis
Seller Financing Dodd Frank Exemptions in each state
I am an MLO in California. The Exemptions in California follow the Federal law. I am doing a survey. What are the laws in each of the other states with respect to exemptions and seller financing?Thanks in advance for ...
Joshua D.
Is it normal to be scared and nervous, even if you're doing well?
So first let me say, my wife and I got into real estate investing about a year ago. I am going to put below the RE deals that we have made, thus far. 1. Duplex- Paid 16k-Worth 35k- Generating $1,280/month in rent2. SF...
Ellie Narie
How do you "define" primary residence for FHA purposes?
Could you live in an FHA property for 6 months and 1 day and still have it count as your primary residence? As in, spend 6 months and 1 day sleeping at the property, and the other time of the year not sleeping there, ...
Majid Tahir
STR in Panama Beach City - Deal Analysis and questions
Hi everyone,I'm evaluating a condo in Panama Beach City Florida for a short term rental. Here are the numbers:Purchase Price: 290kARV: 285k - 300kNo major renovation is required. Here are the monthly expenses as I'v...
Sarah Buchanan
Screening Tenants: Gross vs Net Income?
I have a married couple prospective tenants that look ideal; credit scores above 800, previous homeowners, etc. Rent is $2400/mo so I require $7200/mo income. Husband is currently unemployed (due to COVID) and wife m...
Tim Silvers
HAFA, REALTOR ETHICS, & THE FUTURE OF SHORT SALE FLIPPING
Does anyone have a clear picture how the HAFA 90-day hold will affect those of us doing double closings and using transactional funding?
http://realestateresult.com/short-sale-rules-will-impact-buyers-star...
Sharon Bonadie
STR or cell in Cabo Mexico
Hi. I’m trying to get advice on how I can determine whether i should keep my new condo for STR or sell it and purchase something in the US. I’m new at this and not sure which option is best long term. Appreciate any g...
Account Closed
Going boots on the ground, any advice?
Hi Biggerpockets,I have identified a handful of markets (Youngstown Ohio, Elmira New York, Rochester New York, and Syracuse New York) that seem to be a right fit for my investing philosophy. I am planning a trip where...
Pedro Jean
Tenants with no credit
I am renting out a studio apartment, the majority of applicants don’t have credit at all. Would any of you landlords out there rent to people who don’t have credit at all? What else can I take into considerations besi...
Account Closed
Investing in Newark, NJ
hey guys, I am new to investing in real estate. I live in Hoboken/JC and thought I would scope out Newark as a starting point. I am interested in finding 3 to 4 unit multi family properties that I can hold for cash fl...