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The Investor’s Guide to a Single-Family Rental Emergency Fund
As real estate investors, your emergency funds are a critical line of defense against unexpected costs. It prevents you from dipping into your budget to handle them. But what should you really use an emergency fund […]
Don’t Overlook This When Buying an Investment Property—Learn From My Mistake
Let’s get one thing straight: Real estate investing isn’t a get-rich-quick scheme. If you think you can just waltz in and start raking in cash without a solid game plan, you’re setting yourself up for a financial face-plant.
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Mark Kvam's profile image
Mark Kvam's profile image
Mark Kvam
  • Investor
  • from West Point, Nebraska
  • Member since Feb 20, 2014
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Mark Kvam's profile image
Mark Kvam's profile image
Mark Kvam
  • Investor
  • from West Point, Nebraska
  • Member since Feb 20, 2014
Connect
Mark Kvam
  • Investor
  • West Point, NE
1
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26
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Mortgage Brokers & Lenders

Qualifications for SFR rentals

Mark Kvam
  • Investor
  • West Point, NE
Posted Feb 21 2014, 00:49

I am new and have only rehabbed one home which I sold. I would like to be able to start building an inventory of rentals but I have very limited cash on hand and my income is very low also. I believe I can obtain private money to purchase and rehab a property but I am unsure of ability to qualify for a loan to carry the property as a rental.

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