BRRRR strategy can provide passive income and a revolving method for purchasing and owning rental property. The method works through the following steps: Buy a property: The property you purchase should be a distressed property that needs some work to get […]
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Fannie Mae Loans
Fannie Mae Reserve Requirements for Investors with Multiple Properties Owned
What Are Reserves? Reserves are liquid or near liquid assets that are available to a borrower after the mortgage closes. On every loan transaction, reserves are required to be verified as part of the approval process. Acceptable sources or reserves […]
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What to Do When Your Mortgage Gets Sold
One day you may get a letter in the mail that says your mortgage has been sold. Don’t panic. You haven’t done anything wrong. But there are some things to be aware of when dealing with a new lender. Why […]
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