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Can I take out mortgage loan given:
I have a stable $100k W2 income from my employer, but opened an LLC this year and am projecting a loss of $200k in the first year. This loss is expected and not a problem. However,...
Hello, I'm looking for some ideas around how to get at some of my building's equity which I'd really like to use for a condo conversion and maybe also to fund a new business venture. Glad to be here! Looking forward t...
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Hello! New here and came across this site after trying to find a way to finance a house that I eventually want to purchase. We have lived in our current rental for a year but the owner now wants to sell at the end of ...
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Hey all,I am working with a seller who wants nothing to do with her house anymore, there is a mortgage on the house still. She is wanting to just give the house back to the bank and take the hit. Obviously nobody wins...
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Hope someone can help give me some clarity on this! I'm a first time home buyer looking to buy a duplex in expensive LA county. I'm going through FHA and I have heard that you can use your living trust as proof of inc...
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Hello,So I've been out of college for about 2 years now, living in the Denver area, and have been looking to purchase a live in renovation with two close friends of mine. I will try and provide a brief summary of our ...
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Anyone know what owner occupant really means in the 203k renovation loans?
I am thinking about buying a house that needs some work. I'd be going 50/50 with a friend and right now the best option looks like the 203k. ...
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Hello everyone,Getting my down payment, closing costs, and cash reserves lined up for my first investment property come January.But today I read that lenders also want to see six months of cash reserves available for ...
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Long-time reader, first time poster and investor. In the middle of BRRRR rehab with hard money financing purchase and some of rehab. Plan to eventually cash out refinance with conventional loan in 12 months, but looki...
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Hello Everybody!
My name is Drew Roqué, 22 years old, and I am aspiring to be financially independent! I graduated from a Maritime Academy with a 3rd Mate’s License and I am now working for a shipping company. To mak...