Mark S.
Loan Slots Towards 10 Fannie/Freddie Backed Loans
Not sure why this is such a difficult question. I’ve heard different things from different people. I’ve spoken with both DSCR lenders and conventional lenders. No one seems 100% sure. I’ve heard everything from ye...
Dustin Peters
Duplex deeded as two separate Loans
I'm sure this has been covered but I was unable to located any current/relevant info on this topic.I purchased a duplex last year that was subdivided. It was deeded as two separate properties and I purchased them with...
Tami R.
Washer and dryer break in coin op
We just purchased 86 total units in the last 3 weeks. 2 of my buildings I would say C neighborhoods people are breaking into the coin op washers and dryers and stealing the $$$. Its costing me $60 to get it fixed.....
Alex Fenske
Experienced STR speaker needed for RE agent investment club meet
I run an investment club for real estate agents in the South suburbs of Chicago. We meet monthly and at each meeting we have a speaker or panel on a specific topic. I was slated to have a speaker for our January meeti...
Francois D.
Refinance / Assumption to take out spouse name from loan
I am an investor from Texas and have a few loans under both my wife and I's names. I realized that we could double our fannie mae allowed loans from 10 to 20 by doing 10 for each name.
I called my current len...
Nitin John Abraham
How do I get past 10 home mortgages to build my portfolio?
Hello All,I am an out of state investor in the Kansas City Market. I currently hold 10 doors in the area that i acquired in the last 10 months. A couple of duplexes, and the remaining SFR's. All of them are rented exc...
Brendan Reilly
Multi family coin op laundry Qs
I have an old set of whirlpool coin op laundry machines at my recently purchased multi family. based on the model number they are from around 1991 and the washer has had its second issue with the coin slide that rend...
Yesenia Martinez
What is the process for a mailbox?
I just recently closed on a duplex a week ago. I have not moved in yet, and currently have tenants living in the unit I will be living in. I won’t be moving into the Unit until April. The property doesn’t have mailbox...
Kevin Jones
I have 8 rental and want to refinance need suggestion, thanks
Hello,
I heard that you can only finance a max of 10 rental properties under the current guild line. I currently have 8 and would like to take some of them and refinance under a business mortgage to free up some roo...
Jacob Beg
FNMA mortgage qualification question?
Hi All,
Having reached the 10 property limit for FNMA loans, if I refinance four of those properties with a commercial lender taking title under under a newly formed LLC, am I still able to use the positive cashflow ...