Buying a fixer upper

My wife and I have fallen in love with a property in a town we want and on a nice piece of land. It’s a fixer upper since it was owned by a woman who lived there for 10 years and wasn’t able to main...

Buying a home after a divorce

I have an eye for a lovely home worth $500k. I can afford a $350k down payment but I have no documents for a loan since I am currently unemployed. I have a 20 year track record of good income. I just go...

Sell or get a 2nd loan?

We currently own a home and are selling it to buy a new one in Missouri. It sits on a 40 acre lot with a pond with an asking price of $200k. Should we get a 2nd loan to buy a new property or wait for ou...

Can I ask for a lower price on a rental apartment?

I’m from the East Coast and I have a deposit for a new apartment that I want to invest in. I have deposited $10k and they are pressuring me to use their lending company for a loan(with higher interest...

What a bout if this second loan is old is not in my credit report

Mortgage loan no credit 30%

Looking for a mortgage on a 25-60000 home. No credit. No job. I can put 30-50% down

Where to find the best rates

I am ready to buy my first home and I want to know what the best websites are to check rates other than Bankrate. I want to get an idea of the prevailing rates before I shop for lenders. Thanks in advance!

Help in choosing the best deal

It’s less than 30 days from my estimated closing date and I need to decide on a lender. There is an incentive if I choose the builder's lender which is $3k less in closing costs. Another lender is off...

Question on Points

I have received quotes from my lender and some are in points. I am not familiar with this and I want to know how much I am paying with points? How much are points? Are paying points any good? My quotes ...

Choosing a family member as broker?

A close family member owns a brokerage company and just got licensed in our state a few months ago. I am buying a house in a few months and I was wondering if I can save money if I choose him over other...

Can I use bank statements to verify income?

Hi everyone, I live in Limerick, PA and I am a car salesman. Last year my income was $90k and this year I am looking at $120k. The problem is I write off around 40 to 45% of my 1099 money. This means th...

Cash or Finance?

If you have $350k to buy a house and the house you want is worth $325k would you pay cash or finance a portion of it? I plan to make the property into an investment home while being a primary residence ...

Plan to make my first home purchase this year

For context, I am single in my early 30s and I want to make my first home purchase this new year. A lot of my friends are buying their first homes and I want to start building my portfolio as well. The ...

Payment dates for rental?

New house owner here and I am looking to house hack(rent out rooms in my home individually). I want to know how to set up payment dates. I was looking at month to month to begin with. Most of the rental...

Lack of multi family homes to house hack

I am a young stockbroker living in Syracuse NY and I have plans on moving to Huntsville AL in the coming year. I am single with some savings and steady income and I want to house hack when I move to Hun...