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6 November 2024 | 12 replies
I can offer up to 90% CLTV and no debt service is required.
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6 November 2024 | 1 reply
The house appreciated and the debt was paid down and that launched us into other investments when we finally did sell.
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9 November 2024 | 87 replies
The #1 thing that sustained the US, the #1 export of the US for decades, has been DEBT, US Debt......
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4 November 2024 | 3 replies
You may also want to look at a cash out refinance to eliminate one or more Heloc or a few credit cards to lower your DTI and outgoing monthly debts.A heloc is a risk since its an open end mortgage like a credit card which carries a higher risk versus a 30 year mortgage.
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1 November 2024 | 2 replies
You also have to consider a Heloc is a credit card a.k.a debt burden unlike a cash out refinance its a mortgage (One loan).
4 November 2024 | 4 replies
So you’d still have plenty of funds left to pay off debt.
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6 November 2024 | 5 replies
Banks that strictly follow Fannie/Freddie won't allow you to close in an LLC, but if you do a debt service ratio loan (this is nonQM, meaning not conforming conventional) you can.
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8 November 2024 | 22 replies
Finance 101 states debt is only used when it can create larger returns than the interest cost associated with that debt.
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5 November 2024 | 4 replies
I purchased it with a HELOC so higher interest debt until I can cash out refi.
10 November 2024 | 19 replies
These can be paid by credit card or bank transfer.