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I’ve found a few triplex’s in my area that make for great house hacks. I just got off the phone with my lender, and he said that FHA loans are generally difficult to do for 3 and 4 units, because the other units renta...
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Looking to remodel a multifamily and brought an architect in. What i want to do is either put a bedroom in the attic for one of the units or put an addition on the home for a bedroom. This way we’ll add more value to ...
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I've been told that some people will charge first AND last month's rent (in addition to deposit) for higher risk tenant. For example I have one now that has terrible credit but they are blaming their ex-spouse for th...
Here's an article that sums up the limits and requirements for those of us still willing to offer seller financing to owner occupant buyers. Note that it is possible to do at least one deal a year with no MLO requi...
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Hello,I have a question...If someone has a primary residence and a recently purchased investment property (within the last 30 days) does the investment property count as debt because there is a mortgage on it or does ...
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From HUD website:Federal Housing
Administration Increases Dollar Amount Threshold for Large Multifamily
Loans to Be Eligible for Standard Underwriting
Change facilitates greater flexibility for lenders when under...
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Hey everyone, this might be a dumb question but I was curious if it was possible to obtain more than one vacation home loan and what the specific requirements would be to qualify for the min 5% down payment option or ...
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In California. I am in process on a refi of a 4-plex rental property via Finance of America Commerical. We've already completed appraisal. FoA is requiring they be listed as "additional insured," which my insurance po...
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In most books involving flipping, the authors usually bring up hard money as an option to help fund your deals early on in your investing career because they are focused on the hard asset. I was under the impression t...
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As an attorney I wrote a synopsis of a bill that is being considered by the state assembly this session making AirBnB rentals legal across the whole state. As RE investors, I thought it would be relevant. Contact your...