We own a primary home that we want to keep and rent out. Do we need to refinance our current home to buy another? We live in Georgia and we want to move to an area with more families and kids in the nei...
My dad has been wanting to sell his house to me at a very huge discount. The house is worth 5 times the price he is selling given its current condition and he has decided to let me have it. The home is ...
Hi, I want to buy a second home and plan to rent it our short term via AirBnB. My budget is $250k and we plan to use the property ourselves twice a year. There’s enough cash for a 30% down and I am co...
Hi, my husband and I are planning to buy a home this winter and we wanted to get feedback that can help. We are buying in the NY area with a budget of $600k while putting down between 3 to 5%. My husban...
My son wants to buy a home instead of renting. He has $60k saved up for a down and he has a $90k a year inheritance for life. His grandfather closed a multi-million dollar deal and he gets paid the proc...
My wife and I are planning to buy a home in a year. We are waiting to pay off a personal loan we took out around 2 years ago before applying for a loan since it takes a big chunk of our DTI. Can we pre-...
Are non-QM loans a good option? Do they charge higher down payment and closing costs? I’ve been trying to look for lenders but I am having a hard time finding one. I can provide more than 2 years of b...
I can afford to pay for a new home in cash but with the interest rates lower than usual I considered a $200k loan. Now I am looking at 5% and I am leaning towards cash. I would have little savings left ...
I have a HELOC on my home with a balance of $110k. It is set to the prime rate and it will adjust as soon as the rate moves. Right now it is 3.5% as it increased by .25 earlier this year. I still have 1...
I recently refinanced out of my FHA on my first property. I was hoping to get a 2nd condo with an FHA loan and using a HELOC from my first property, is this possible?
Hi, my name is John, 25 years old and looking to purchase my first property. I am having a hard time getting approved for an FHA loan though. I work as an electrician through a staffing agency to work o...
To start my REI career, a HELOC with my credit union is an option. My credit scores are not the best (675/685) and I had some financial downfalls before but no bankruptcies. I want a fixed rate loan and...
I am looking to buy my first rental property but just recently declared bankruptcy 6 months ago. I have enough money for a down but I would surely get denied due to the bankruptcy. Can I use my fiance's...
I have a primary home and a rental currently. I bought my primary residence a few months ago with an FHA loan. It’s a 5 bedroom SFH where I rent out 4 of the bedrooms. Can I use this as qualifying inc...
I am moving to California this year, leaving my job 8 months ago to start a new company. I am a flipper and got my first project done using a hard money loan. I want to buy a house when I move but a len...
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