I've been moving along in the process of getting a home equity loan on my second home, but I just ran into a snag. The company I'm working with won't count rental income until it has been collected for two years. My d...
Currently residing in a duplex. Owner decided to sell now instead of waiting till next year. I needed one more year of a positive W9.traditional lenders have expressed doing a Debt Coverage Service Loan. Loan amount 2...
I’m a younger guy (23), just graduated college with a bunch of debt. Looking to get into house hacking for obvious reasons, and was wondering whether my large student loan would affect my ability to receive an FHA loan??
Can business debt in an LLC or sole proprietorship impact a mortgage loan on a primary residence?
Hello BP Community, My name is Moshood and after finishing my college studies in 2016, I ended up with over 70k in student loan debt. As most of you know, it is very hard coming out of college and paying it off as qui...
I was recently told that I don't qualify for a conventional loan because of my debt to income ratio due to college loans. I don't have an astronomical amount of debt and no other debt besides my wife's car payment and...
I am trying to get a tenant/buyer qualified for one of my Rent to Own houses. My lender is saying that a student loan does not need to be taken into consideration when computing DTI if the payments are deferred for 3...
I have been interested in REI for a couple years now, but haven't pulled the trigger for various reasons. One of those reasons is Student Loan Debt. I have paid ahead by over a year and have been paying for a few year...
Hi everyone. This might be a real newbie question but I haven't seen it discussed on any podcasts or anything I've read. Does the debt you take on from your first deal affect if you'll be able to get approved for a ...
My company recently purchased a 2+ acre residential property in Oregon with a 4 bd/2 ba home on it and paid off the mortgage that it had as part of the acquisition. What we are looking for now is a way to get some cas...