That gives the lender the right, but not obligation, to call the loan.Ways to come up with more cash include:- Borrowing from a 401k account (puts your retirement at risk)- Borrowing against existing property (puts your existing property at risk if the rental goes bad)- Selling stuff- Cutting spending and increasing savingYet another approach is to buy a property using hard money.

I think a lot of it is going to be determined by the investors intent (did they borrow borrow profits?

My understanding is that you should still have all of your FNMA "bullets" then and can borrow with them.

In other words, if you have a considerable amount of liquid assets, a lender will view you more favorably as a borrower regardless of your income situation / source.I'm local to Houston, TX and please let us know if we can ever be of further assistance!

But we've had other situations when one member of the family has borrowed substantial funds from another, for example for a downpayment when the first house hasn't sold yet, and so on, and it's been fine.

From this a lender will then only allow $75 a month accrue toward the purcahse or $1,800, far short of the borrowers down payment requirement.

This is a tell-tale sign that you are being ‘shopped’ by a borrower.

Yes, you can do what's called borrower paid single premium MI which is a one time up front cost that will cover the mortgage insurance for the life of the loan and you won't have to pay monthly MI.

If she is getting a divorce, she will not know for sure until the ink is dried on the divorce papers.I have always used two rules of thumb:1) Avoid being more than 25 percent of the NET income.2) Make sure the tenant/borrower has the ability to enjoy life and still pay the rent/mortgage without sweating bullets.

When I finished my closingThere is an attached rider ( 1-4 Family Rider, assignment of rents) to the deed stating that Covenant Item 6 of the Security Deed is deleted.The rider says, unless lender and borrower otherwise agree in writing, Section 6 concerning Borrower