I need a real estate agent. I would like to buy 10 rental properties very soon. I would like to know how lending qualification vary when buying investment homes rather than the old rule for a home you live in. The old rule being 'the mortgage payment should not be more than 29% of your monthly gross'. Thats incredibly ruff but that is a theory in it then you adjust for all the specifics. Obviously I will not meet that standard for 10 houses.
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Where?Originally posted by Kard63
I need a real estate agent. I would like to buy 10 rental properties very soon. I would like to know how lending qualification vary when buying investment homes rather than the old rule for a home you live in. The old rule being 'the mortgage payment should not be more than 29% of your monthly gross'. Thats incredibly ruff but that is a theory in it then you adjust for all the specifics. Obviously I will not meet that standard for 10 houses.Comment
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What area are you in ?
Mike ............Mike DComment
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you want to look for properties where the seller carries the paper for you...most agents dont like those, so you will be dealing with the sellers directly...Originally posted by Kard63
I need a real estate agent. I would like to buy 10 rental properties very soon. I would like to know how lending qualification vary when buying investment homes rather than the old rule for a home you live in. The old rule being 'the mortgage payment should not be more than 29% of your monthly gross'. Thats incredibly ruff but that is a theory in it then you adjust for all the specifics. Obviously I will not meet that standard for 10 houses.Comment
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you in Canada? I will send a link to my realtor friendComment
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I'm a realtor and I'm here to help!
ICQ me or email me.
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why dont you open a phone book and make phone calls instead of going to a adult websiteComment
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This is who I sent the link to . . . . I guess she figures it will help her business if she doesn't mention that factOriginally posted by laura99
I'm a realtor and I'm here to help!
ICQ me or email me.
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Hey laura. I'm in Indianapolis
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You hush! I can help him!Originally posted by tony404
why dont you open a phone book and make phone calls instead of going to a adult websiteComment
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that makes it convenientOriginally posted by Kard63
Hey laura. I'm in Indianapolis
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That makes is super convenient.
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Originally posted by baddog
This is who I sent the link to . . . . I guess she figures it will help her business if she doesn't mention that fact
Sorry. Baddog sent me. Feel better?Comment
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Would probably be more help if you left contact info for himOriginally posted by laura99
I'm a realtor and I'm here to help!
ICQ me or email me.
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I have some really good contacts for FL - ICQ me if needed.
Contact information - ICQ: 7.9.0.3.0.0 · AIM: no roach · E-Mail: roachito || @ || gmail || . || com
[Friend Finder - Geo Targeting & Incredible Site Ratio] - [Credit Card Traffic - Make $65 Per Join]
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Not only did you find a realtor, but the only one that replied is in your city. That is luck.i buy massive xxx dating traffic.Comment
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nah, I am good at the hook upOriginally posted by Nismo
Not only did you find a realtor, but the only one that replied is in your city. That is luck.
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129740202 ICQ
AIM Laura9999IN
need more than that?Comment
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Indeed you areOriginally posted by baddog
nah, I am good at the hook up
Hey laura. Are you married to Rictor or does every GFY member in Indianapolis have a pomeranian LOL
If you have a contact on your site I'll send you an email later tonight.
Thanks
and for the person that suggested I break out the phone book......
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Sorry I thought my icq was in my profile and the board is being super slow, taking me awhile to respond.Comment
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Yes I'm married to Rictor. His info is on our site so you can just email me at laura @ lauradillman.com Make sure to put "from gfy" in the subject. I get a ton of junkmail. I'd give you my cell number but not on gfy lol. As far as picking up the phone book LOL, there are over 6000 realtors in the Indianapolis area.Originally posted by Kard63
Indeed you are
Hey laura. Are you married to Rictor or does every GFY member in Indianapolis have a pomeranian LOL
If you have a contact on your site I'll send you an email later tonight.
Thanks
and for the person that suggested I break out the phone book......
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Unless your needing the agent to find these properties for you, forget an agent at this point of the game. If you need to know details as to lender guidelines when applying for investment properties send me an email [email protected] Thats my message board spam addy. We owned a brokerage for 8 years and currently own a title company for 7 years running.
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Indeed you areOriginally posted by baddog
nah, I am good at the hook up
Hey laura. Are you married to Rictor or does every GFY member in Indianapolis have a pomeranian LOL
If you have a contact on your site I'll send you an email later tonight.
Thanks
and for the person that suggested I break out the phone book......
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and you are the best . . . don't forget to mention thatOriginally posted by laura99
As far as picking up the phone book LOL, there are over 6000 realtors in the Indianapolis area.Comment
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I know several brokers, lenders, investors, investment groups, etc. As far as not needing an agent, I don't see how it couldn't hurt. When buying you don't pay the agent, the seller pays them.Originally posted by Veterans Day
Unless your needing the agent to find these properties for you, forget an agent at this point of the game. If you need to know details as to lender guidelines when applying for investment properties send me an email [email protected] Thats my message board spam addy. We owned a brokerage for 8 years and currently own a title company for 7 years running.
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Indeed you areOriginally posted by baddog
nah, I am good at the hook up
Hey laura. Are you married to Rictor or does every GFY member in Indianapolis have a pomeranian LOL
If you have a contact on your site I'll send you an email later tonight.
Thanks
and for the person that suggested I break out the phone book......
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ya but I will tell him EXACTLY what nonsense brokers will try to pull. Remember I dont benefit anymore from his loan program or rate. People are CLUELESS when it comes to brokersOriginally posted by laura99
I know several brokers, lenders, investors, investment groups, etc. As far as not needing an agent, I don't see how it couldn't hurt. When buying you don't pay the agent, the seller pays them.
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Triple post!Comment
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An amazing accompishment I know. I was playing world of warcraft and alt+tabbing out every now and then to see if that damn thing ever posted. Each time it was still at the previous screen so I clicked submit again.Comment
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Yeah the board is/was all messed up. I used to play Warcraft, just don't have time for it anymore.Comment
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Yah, unfortunately, we are married. :PComment
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i have 2, although i dont live in IndianapolisOriginally posted by Kard63
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I love people that get into rental units that don't understand it. It's people like you that I buy my rental units from for 1/2 what they paid for it
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