Charles Adams
How to shop for lenders
15 February 2024 | 3 replies
My credit is 770+ and my W-2 income is strong and healthy. any advice is greatly appreciated.
Carolyn McBride
5% Down Requirements for New Conventional Multifamily Investing Option
15 February 2024 | 2 replies
However I will say financing 95% at today's high interest rates with 33% of the units not generating income sounds like a tough hurdle to overcome in this market, even if you're pulling in strong W2 income.
Sean Dye
What to look for in a broker as a new agent
15 February 2024 | 12 replies
What you really want is training on where you can develop your own leads...and then what to say to them, systems to keep in contact with them.It's pretty common I hear from new agents that they want mentorship and leads, never kept track of that, but that almost tells me they are passive people and might struggle in the business.
Andrea Evans
Can I Do This??
17 February 2024 | 21 replies
In terms of financial feasibility, while your plan to accelerate savings with rental income is sound, you must factor in rental expenses, Cincinnati living expenses, and travel costs for regular trips between Charlotte and Cincinnati.
Victoria Carlton
How does the refi of BRRRR impact your chances to get a personal mortgage?
15 February 2024 | 4 replies
Utilize the DSCR program 30 year fixed no income no doc .
James Kim
Loan fees higher after four conventional loans?
15 February 2024 | 12 replies
Conventional loans are "full documentation", meaning they look at all of your expenses and income using "Debt to Income" ratio for cash flow.
Schuyler Covert
How To Start With No Money
16 February 2024 | 8 replies
@Schuyler Covert Focus on establishing your job, income history, credit, and savings account.
Asia McGee
First Rental Property
13 February 2024 | 3 replies
Passive income How did you find this deal and how did you negotiate it?
Paul Xiong
HELP WITH LOAN OFFICER
15 February 2024 | 17 replies
For how long have you been producing income as travel nurse?
Laura Lewis
DSCR Home Loan
15 February 2024 | 9 replies
Approval will be based on income potential of property, your credit score, appraisal, down payment, the DSCR ratio - there are quite a few factors that play into the approval.