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14 November 2018 | 4 replies
If you refinance this mortgage as an owner occupant, you will sign paperwork saying that you intend to occupy for a year.
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5 November 2021 | 14 replies
I became a mortgage broker.
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14 November 2018 | 3 replies
If it is a buy and hold rental, then I'd include Gross rents, total expenses, debt (if you plan to have a mortgage), ROI, and Cash on Cash return as both $ and %.
14 November 2018 | 3 replies
Right now it is ranging from 490-550, and I understand that these are not ideal numbers to present when attempting to finance a mortgage.
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13 November 2018 | 2 replies
Use a mortgage broker and let them shop the loan market for you.
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19 November 2018 | 9 replies
However, if your lender says that there will be no difference in the amount you will be able to get if you refi now or in 6 months then go ahead and lock the mortgage rates.
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13 November 2018 | 2 replies
Most guys on this site have a W2 job, so long-term control on a purchase money mortgage is a great play if the terms make sense.
13 November 2018 | 2 replies
My mortgage payment with property tax, school tax and insurance puts me at $558 dollars a month.
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13 November 2018 | 6 replies
I still need to speak to a mortgage broker regarding how best to acquire the property using the funds as 20% down + closing costs + light rehab and furniture install.
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16 November 2018 | 6 replies
Not only does it offer you the chance to see if being a landlord is truly something you want to do, but you may also find your tenant paying some, if not all, of your mortgage.