Does anyone know what a PTA error is?

Does anyone know what a PTA error means? I am about to close on a home in a few days but the title office got a message saying that they are working on clearing a PTA error before sending the papers. N...

Applying for a USDA loan

I am now beginning the process of buying a home. I am leaning towards a USDA since they offer no down payment. I don’t have good credit and I have a few late payments 4 with capital one in 2020 and on...

Renovating my home and need cash

A few years ago I purchased a home with owner financing in Florida. Now that my home is almost paid off I want to get some cash from it to do some much needed renovations. Do I refinance or choose a cre...

What is an acceptable source for a gift for down payment?

Hi, this is Ana from CA. I want to know what is an acceptable source of a gift for down payment? I planned on using my ex-husband’s help so I can qualify for a conventional loan but was told by my len...

Vet applying for a VA loan

I am a veteran planning to apply for a VA loan. I have a middle score of 560 and I plan to buy a home in Wisconsin. Are there lenders who would work with me even with low credit scores? I am willing to ...

Bank or Private lender?

There’s a duplex I want to purchase and turn into a rental property. There is a great demand for rentals in our neighborhood and I want to get into the game. Who has better rates and fees for investme...

Seller wants cash only

I’m new to real estate investing and I'm eyeing a property in Tampa. The seller wants cash only which I can’t afford right now. Is hard money lending an option? What do I watch out for to protect my...

What documents to submit for SFH vs Multi Unit?

What documents should I prepare when applying for a conventional loan for a single family rental compared to a multi unit investment property of 5 units or more? Do lenders ask the same data for both?

Cash out refinance after project completion

Hi everyone, I’m ready to spend $400k to turn a building I bought into a nice 6 unit apartment complete with individual water meters, sprinkler systems etc. I estimate rental income at $1650 each unit...

HELOC or DSCR?

I need advice on getting a HELOC or DSCR in my situation. I currently own a condo that is fully paid off and I want to get a loan on it to purchase a rental in Texas where my folks live. I am currently ...

BOUGHT A CAR

So I did something dumb and bought a car weeks out from my closing. It is a VA Home Loan and we make plenty of money. It took our DTI from 39% to 40%. They did not gross up for my wife's and I's VA D...

Working 4 years but with different employers and I am want to apply for ...

Hi, I’ve been working part time since 2018 and I’m graduating this fall of 2022. I have a full time job waiting but I’m thinking about enrolling for a masters degree. Will I be able to qualify for...

Do I need carrying costs on hand for my flip??

I am flipping a house that needs renovation. I want to know if I need carrying costs on hand or does the loan pay for the monthly fees? I have enough for a 20% down but that’s all I have at the moment...

Getting my property ready for appraisal

I own a property that we’re renovating before we put it out on the market. It has an inground pool that we are concerned with due to potential liability and maintenance issues. Do we fill it prior to...

I am looking for down payment assistance for commercial multifamily.Plea...