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8 March 2024 | 4 replies
Does anyone list particular debt limits (like, "no debt in excess of $1000 that isn't in a payment plan") as part of their screening criteria?
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9 March 2024 | 10 replies
It is discounted because the borrower has not been making their payments.
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7 March 2024 | 3 replies
I secured financing for my first property through a conventional 30-year fixed-rate loan, securing a favorable interest rate for stable and predictable long-term payments.
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8 March 2024 | 3 replies
Hi, if I wanted rent payments ACH deposited like clockwork from tenants every month, what would I need ?
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9 March 2024 | 3 replies
Can he comfortably cover the payment is he gets a POS tenant?
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9 March 2024 | 7 replies
Can they do a 1031 exchange and use their funds towards the down payment of a property and have their daughter take out a loan alone for the remainder of the purchase price (since she has a higher credit score)?
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8 March 2024 | 13 replies
You're right or just pull out a HELOC from my first property for a down payment.
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8 March 2024 | 1 reply
The cash you get form either of those options helps to cover the down payment on future purchases.After you have purchased a few homes and have a good chunk of change you can get into 5+ units and start using DSCR to buy apartment style homes where you can focus on affordable living options and things like section 8.
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8 March 2024 | 9 replies
Your DTI for a mortgage is based on the mortgage payment.