Wife wants to buy her first property

My partner and I have been together for 10 years now and she has stayed home with our kids. The past year has seen her become a successful real estate agent and she wants to buy properties in her name. ...

Loan without my name in the mortgage

My wife and I have a contract on a 4 unit multifamily property in Maryland for $400k. We agreed to put down 25% or $100k and most of the cash we will use will come from accounts in my name. I don’t wa...

Proof of income having a bartending job

I’m reaching out to get feedback regarding my situation. I have 3 multi family cash flowing rentals in NY and I always encounter problems with financing due to my job. I work as a bartender and can’...

Hi, my name is Joshua and I am a Software Engineer, and I developed an a...

Investor with 2 bank accounts

I am a rental property investor in Arizona and I have a personal and business account. I only use my business account for the 4 rental properties I own so I know when money is coming in and out. I have ...

Do lenders consider rental income in your DTI?

I am purchasing an investment property that will be rented out. I am applying for a Freddie Mac backed mortgage and I want to know if the lender calculates the expected rental income into your DTI ratio...

Is there a way to lower title insurance?

Hi everyone, I am closing a mortgage and I have a question about title insurance. The contract specified that the seller agreed to buy owner’s title insurance. The title company said that the policy w...

Newbie investor needing advice

This is my first time to venture into real estate investing and I need your input. I live in the San Antonio area and I want to know how much I can borrow so I can determine how much I can spend on my f...

Home construction in Texas

I am building a home in the Austin area and I would love to get your insights. The purchase price of the home is $100k and I’ve paid $3k for earnest money and $2k for upgrades. Here are sample numbers...

Retirement plans

We attended a party with friends and we talked about our plans to retire at 62, sell our home and move to CA. They said that it would be hard to get a mortgage without a job. We have no debts and income...

Broker fees too high?

I am applying for a $380K loan for a condo unit that I fell in love with after viewing the model unit recently. Closing costs run up to $5k and in a separate form it says the broker will receive a compe...

Nursing graduate applying for a loan

I’ll be graduating from nursing school next year and I plan to buy a new house. I’ve heard that 2 years full time in school is equal to a 2 year job history as long as you have a full time job after...

Is it a good idea to refinance?

We want to invest in AirBnB properties and we want to use equity in our primary residence for a mortgage cash out refinance. We have 4.25 years left on a 15 year loan at 2.75% interest with $140k remain...

Best buddies buying a property

My best buddy and I are buying a property together. He’ll be putting up the capital and my role is to get the cash flow coming in for monthly payments. I want to be in the title but not necessarily on...

Do grant programs take longer?

Hello everyone, I am a newbie in real estate investing and I plan to buy my first property which is a duplex in the San Bernardino area in CA. A loan officer approached me and I inquired about gov’t p...