Questions for the smart Money and 1031 Exchange folks on the forum. Background: Property was bought via 1031  & is held in personal name (NOT LLC or S Corp:Small mortgage  - roughly $42K. Current value around $300...

Hey all,New here.  I am hoping some of you can help provide clarity to my situation.  I currently own two homes.  One is a rental with about 40K in equity.  The other is our residence with 75K equity.  I am in my earl...

How Important is an Applicants Credit Score in Applying for One of Your Properties?

hey folks, i have a primary home with a mortgage and an investment property with a tenant inside and no mortgage on it. I recently acquired a building that i will be turning into a restaurant.  I want to either cashou...

What does the mortgage officer look at the most when determining if an applicant will be approved or not? 

I'm trying to see how best do what I'm needing to do.  My credit score isn't the best (under 620) and my debt to income ratio is high because I've used my credit to help my daughter.  My credit score/report isn't a tr...

Hi everyone,

Does taking out a home equity line of credit affect / count against your debt to income ratio?

Thanks,

Christian

1st off I've been scanning and combing the forums posts to try to find some info on this and I haven't found much. So my predicament is that I close on a property on Nov. 30th, but this property will maximize my Debt ...

I'm looking to buy a new primary residence within the next 18 months.  Key to this is I desire to convert my existing primary residence to a rental.  I current owe about 80% of the value on the mortgage.  Are there wa...

What direction would you go. Pay off 18k in student loan debt all around 4-6% interest, or put that money towards a down payment on a investment property to generate some cash flow, then pay off the loan while also bu...