I plan to buy at least 4 investment properties in my first year at REI, is this possible? My initial duplex will be through an FHA loan. How do I get financing for the other 3 properties?
Hi, I am currently refinancing a newly rehabbed single family home. I’m using the money to convert it into a duplex in a few weeks. I also plan to house hack another multi family after the purchase. I...
Hello, Can I ask for recommendations for a lender who does business in various states? I am based in CA and I am looking to invest in several investment properties out of state. I have tried local lende...
We are planning to apply for a USDA loan again at $137k. Our income is at $157k including bonuses, $130k without. Will this affect my application? Do I need to wait for the bonus to expire before gettin...
I am looking at buying a home in Texas at $200k and we were not aware that it was in a flood zone until our lender pulled the title. We were supposed to close this week but somehow it had to be delayed....
My wife has had 11 years of consistent employment with her employer. I, on the other hand, have worked 13 years in banking and had to stop for a year due to an illness. I recently got back to work and h...
My family and I have lived with my dad in his home for the past decade. I have made all mortgage payments for him but the loan is in his name. My dad passed away a few weeks ago and I have no idea what ...
I am looking at a refinance as my bank is offering a good deal so they say. I still have $220k remaining with 2.86% interest with monthly payments of $871.81. They are offering a prime rate less than 1....
I’m interested in buying more AirBnB properties and I want to use equity in one of our newer properties. There’s 4.25 years left on a 15 year mortgage at 2.75% interest. The refi rate is 2.85% with ...
We went house hunting last fall and we got approved for an FHA loan. The problem is I didn’t realize I had plenty of late payments from Ford. I paid on the day due by phone every month but somehow the...
I have a rental property where I make $1k a month. I still own $40k on the loan with a total cost of $950k. Is it a good idea to pay it off and profit $1,950 a month?
I want to buy a condo in Destin, Florida. Is there a lender who can give a 10% down fixed rate 30 year term? They allow short term rentals which is part of my plan for the property.
There are plenty of lenders who advertise that they offer loans based on the deal, cash flow, and other data. This goes against my recent applications where a medium FICO score is essential. Has anyone ...
Ask our community a question.