I decided to go with my agent's "recommended" lender and didn't think anything of it as the numbers seemed within reason. I get an email about 1 week ago (3 weeks from closing) from a large bank asking if I needed a q...

Thanks to the US Subprime Fallout and resulting economic decline, we're starting to see global markets collapse.
[b]
Stock markets around the world are down today across the board, with most of the largest and most im...

Hey everyone! I have a question about a version of seller financing that I'd like to post to the group. My wife and I are looking at buying a townhome in an up and coming area right outside of Charlotte, NC. The curre...

I have a rental property that produces $100 of positive cashflow. If I apply an extra $100 to my principal payment each month I will payoff the mortgage in 25 years instead of 30. What is more important? Paying off my...

My wife and I are trying to create a plan before we start home searching in August. My plan is to buy a 3 bedroom 2 bath family home that will have an estimate mortgage of $850-$880 with my VA home loan. We would have...

Hello, I'm about to purchase my first investment rental property. I received a preapproval for a $68.8K loan on an $86K purchase. I'm planning to refinance in 6 months to pull out some of the ARV equity after some reh...

Hi,I am about to purchase my first home, using conventional financing, and I plan to flip it within 3 months.  Are there any legal restrictions or financial penalties for using conventional financing (non investment) ...

Hey guys! I am six months into my first property - an owner-occupied Duplex that I am 'house hacking'. I am already looking six months down the road on accumulating my second property, and I think I might like to refi...

What would be the advantages to buying a duplex, living in one side, and renting out the other as opposed to just renting out both units and living in a rented apartment? Assume that the duplex is being purchased in c...

Now that I have found the market I want to invest in and also the property type I settled on looking for, I am intrigued to learn more about the type of loan I need to qualify for. I want to purchase a small multi-fam...