Matt Ridenour
Need advice on a probate purchase
Hi all. I always get such great advice here, so I'm back looking for strategy suggestions.
Briefly:
Neighbor's house. She passed away in March (not covid, just old age.)
She has a niece in Germany that is going ...
Lisa Moon
Is this the new "normal"? Incredibly onerous underwriting for a rental...
I was a mortgage loan officer and an escrow officer 20-odd years ago, before the landscape shifted. I know the drill about proper documentation, etc. But the process I"m in now seems just ridiculous.Hubby and I are ...
Jay C.
Understanding Closing Costs on a Refi
Hi all,I'm looking to refinance and I just want to understand the Closing Costs and Cash to Close details. The estimate of the Closing Costs and Cash to Close are wildly different in the Closing Disclosure that I'm lo...
Jennifer Cornforth
How long do I need to wait between loan applications?
Hi there,I'm new to this forum. My husband and I just bought and started renting out our second property (besides our home) and I'd like to buy one more property this year. But the thing is that although we own all ou...
Daniel Scott
DST's seem like serious rip-offs - here is analysis of an offer
I've been shopping for DST's - got a typical one sent to me, and analyzed the numbers, and compared it to simply buying a totally well-managed replacement residential income property. The difference? One immediately...
Ralph Ellenberg
How long before you can get a new primary residence mortgage?
Hi everyonemy wife and I are under contract with a builder where we live in S.C. that should be finished in about 3 to 4 months. It looks like she maybe getting a great job offer in Colorado not long after we close. H...
Brook Davenport
Second Home Loan Frequency
I’m assuming you can only have 1 second home loan at a time? I wanted to see what the frequency you could get the Fannie/Freddie second home/vacation loans with 10% down.
Ryan Lee
Investment property 60 day seasoning downpayment
For conventional loans via Fannie, I know that there is a 60 day seasoning for downpayment funds for conventional loan.
If you're receiving income from your W-2 employer, do these paycheck funds need to meet the 60 ...
Shel D.
Should I rent my house to these tenants?
Hi all, I am new to all this so please pardon me if this is already discussed and common knowledge. I have my house advertised for rent and we have been getting some good traffic. Recently we got application from a yo...
Kameron Patterson
What are your favorite multi-family markets?
Hi again everybody.
I keep searching and searching hoping a market pops out at me for cheap multi-families with low vacancy rates.
Figured I'd ask the BP fam
What are y'all's favorite markets for MFH?
...