All Forum Posts by: Diana Washington

@Andrew B. good thing I don’t much debt my husband has none no car payment no outstanding credit cards and he makes 60 k a year so I don’t think that’ will be a problem 

thank you very much I’m really trying to get another bigger multi family and live there for a while. I did speak to a mortgage broker but she said it will be hard, I didn’t understand why she said that because he has no properties under his credit and I’m legit trying to start a family and my house is way to tiny for that right now. So I was thinking of righting a letter explaining this I also don’t live in the best neighborhood. Any thoughts on this ?

Hello all ! Wanted to know if anyone has ever try having their spouse or a partner buy a multi family with a FHA? I bought my duplex in 2015 with a FHA with my name only I got married in 2016 and we want to start a family problem is my apartment is only one bedroom and I have long time renters upstairs. My question is can my husband purchase another multi family with a FHA using just his name ? Also I live in Connecticut please let me know if anyone has had luck doing this ! TIA!

ty!

thank you @Jesse Tsai

Hello all I need some real advice here I'm really trying to get into REI. I already own a two-family the renters pay my mortgage. I trying to get another property fix and hold property. There's a property around my area that is 50k it need about 50k for rehab, my goal is to buy it fix it up rent it out and then refi in 6 months. There's just a few issues I don't know how to go about it I only have 10k in my savings I'm make $37000 a year. And I have to some debt to pay off but not much. I was wondering should I try and get a HML for this property? Will they qualify me ? Or do you think I should partner up with A family member to try and get a loan on this house? I can't get a home equity loan yet "it's too soon"the bank said... can I use my home as collateral with a HML Since I don't have that's much save please tell me you're advice!?! Really could Use it !

Much appreciated 

DWA