Hi guys, I just totally got jerked around by rocket mortgage on a cash out refi app. 4.75% rate, great right.It’s an investment property that I’m short term renting (starting next month, renovations took longer than expected, almost 2 years).Rocket only cared about debt to income ratio and refused to use my actual pay ( 40k higher for the year than base pay) I am scheduled to work on weekends which are premium pay but rocket considers it overtime/bonus and won’t include it in debt to income ratio. 

I was able to get a conventional loan through Rocket Mortgage with a 25%down to finance this deal.How did you add value to the deal?

You're already equipped with the right skills to get out of your comfort zone and pull the trigger to make it happen; you got this.Frankly put, real estate investing isn't rocket science and doesn't care what your career background is (not at least for the scope you're focusing on: small to medium multi-family). 

But as interest rates have sky rocketed, prices doubled and i learned about California's clawback rule, I've started to see maybe my best approach is just get 3 properties and put 30% down, 30% down and then 50% down on the last one to satisfy my cash down requirements. 

Its not rocket science.Hopefully you'll learn not to ignore leaks.

Huntsville metro crossed half-million mark in 2021, new Census estimates sayBy Ramsey Archibald AL.comThe Rocket City keeps booming.

Sales, meanwhile, rocketed to 24,885 transactions, up 32.2% from March 2020 to the second-highest level in almost three years — and the most for a March in 15 years.

I called rocket mortgage and started the loan process.

Firefly announces plan for an expansion that includes extensive hiring for the North Austin suburb.  The article also mentioned another upcoming smaller tech company, 240 Tech LLC, bringing their HQ to Cedar Park as w...

@Travis Franzoy investing in real estate is not rocket science.