Dax Nollenberger
Down Payment, The Great Mortgage Equalizer
Interest rates have had a substantial impact on the overall affordability of a home. With mortgage rates on the continual rise, it’s time to think creatively about how we can minimize our long-term costs and make our ...
Ben Boru
Finding out about MISSED MORTGAGE payments?
So I am meeting with a woman who had her home just get scheduled for foreclosure/auction a few days ago. She just got that notice.
.
BUT she has gotten several mailers about buying her home starting when she first ...
Aditya Bhate
Down payment <=> Interest rates <=> Mortgage Insurance
Is this true for every case that:As Down payment increases, Interest rate increases, Mortgage insurance decreases.ORLets say Down Payment is 5%, then interest rates & Mortgage insurance will be higher as compared ...
Bobby E.
House Hacking Triplex mortgage payment options
Hi All, I have closed on my first triplex. I secured it with FHA loan in my name and living in one of the units. My question is that I also have an LLC and separate Business bank acct. I run all expenses/rent incom...
Miko Lee
Refinance? but much higher mortgage payment?
Hi BP members,Last year, I partnered up with my family and bought a $700,000 triplex with a 30-year fixed rate conventional loan. Took a loan of $525,000. I also have a conventional loan on my primary residence. Me an...
Sarah Payne
Down Payment partner and conventional mortgage
I have a private investor who will provide the down payment for my first SFH investment property. I will manage and plan to refinance to get their money back. Planning on using conventional loan. Two questions: Is it ...
Andrew Stevenson
Subject To or Mortgage Payment Assignment
I am from Tulsa, Oklahoma and am very curious about Subject to / Mortgage Payment assignment. Can someone please give me a non biased review on whether or not this is actually risky. I hear heated arguments from bo...
Jacob Yates
Traditional Mortgage down payment loan legality
The title seems pretty self explanatory but I will clarify. I am looking to find financing for a rental property. I don't have the down payment for it, but I have a friend who is willing to loan me the down payment fo...
Benjamin Petty
Down payment sourced from 2nd mortgage
Can you get a 2nd mortgage on your primary home to finance a downpayment on an investment home?
Christopher Harrilal
HELOC down payment to mortgage balance
Hello,Newbie question. What is a good ratio of down payment to mortgage if using a HELOC? If a property is $200,000, would be beneficial to put $100,000 from a HELOC and have a $100,000 mortgage? End result would b...