An example you be if you want to stay in a high PRICE loan under dodd frank and not get into high COST (where borrower has to take a certified class to know that they are paying a high cost) and you are doing a wrap owner financing (where you have an underlying loan on the property) then your limit above APOR is 8.5%, meaning you have to stay under 11.5% roughly for today (11.5% is example of today's APOR and your 8.5% max limit for subordinate liens, and 6.5% on first mortgage liens where you are financing a free and clear house) and it can change daily, use government rate spread calculator to check for each loan) then if you charge 10% and 4 points on owner financing, you may over step into high cost mortgage loan which we want to avoid.

Should I starting pay our rental property mortgages and expenses from new Business checking account?

with finding the many ways i can find and finance my first flip i was curious on a wholesalers POV.I was wondering if wholesalers do deals with flippers who dont have the payment in full CASH but get a loan via a mortgage?

It was not 2,000 miles away though so that played a major factor that's for sure.What I can say for sure is that investors need to make sure they do not have to rely on the tenants rent to pay the mortgage, especially if they are out of state.

@Samantha Klein- Keep in mind though that getting a refi on your property will affect your DTI (Debt to Income) ratio when applying for another mortgage on another property.

HelloI'm trying to urgently put together a comparison and a temperature check for the average 25-year mortgage rates available in the SF Bay Area.

I think almost all real estate is leveraged if you're getting a mortgage.2) A wise man once said, "It's not about timing the market, but time in the market."

So, with a foreclosure 6 years ago, hence still on credit, what are the best options for getting equity out of a rental house that currently has no mortgage?

My townhouse is purchased with an FHA mortgage and has PMI as well as HOA of 192/ month that includes water and basic cable.

He and his wife have a high combined income, but they have some credit issues that may disqualify them for a mortgage today.