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Results (1902)
Jim Collins Shouldn't PITIA paid by LLCs be excluded from personal DTI calculation?
14 May 2024 | 6 replies

I am paying mortgage for all the rentals from business accounts. The only PITIA paid from personal account is for a personal residence. I am trying to get a 5% down first home buyer conventional on a fourplex for my d...

Nick Gory Removing late payments beyond the statute of limitations
20 February 2016 | 2 replies

Hey all! I have some late payments that are beyond the statute of limitations. Any idea how to get them removed? If you suggest disputing them, what category would I file that under when I dispute?

Zachary Stanley Rates droping a good thing?
18 July 2024 | 31 replies

As all of us know the rates dropping for 2024 have had your average realtor and lender running to facebook to post about how great 2024 is going to be. I happen to be in the other boat... if you take the same amount o...

John Spellman Collections on my Report
31 January 2020 | 1 reply

Good morning I have a question I'm in the process of getting preapproved for a mortgage and I have an item in collections that is lowering my score I tried disputing it months ago but it wasn't removed so I called to ...

August Mickelson Purchase With Conventional and REFI with DSCR?
20 July 2024 | 10 replies

Hello all. First time poster, long time lurker. Investing for nine years. I own two duplexes in SW FL that I purchased with conventional financing. My debt-to-income ratio is tapped (49.8%) from my lenders perspective...

Jeffrey Coffey Lien caused by renter's non-payment
23 March 2017 | 6 replies

My renter hit hard times and decided the thing to do was to disappear, leaving behind several months of unpaid rent and a trashed house. That's the backstory, and here's the new twist...I just got a letter from a lawn...

Chase Hancock Can I qualify for an FHA?
2 March 2016 | 8 replies

I am 20 years and I live in Fresno, CA. I wait at a restaurant and I bring in about 2k a month from my paychecks and tips combined. I really want to just buy a small multi-family home already and start house hacking. ...

Miho Y. DTI ratio 70%! Can I still get conventional cash out refi?
26 April 2016 | 12 replies

Dear lenders, I put too much down payment on my multi unit as a buy-and-hold. I am receiving cash flow from this and needless to count on depreciation I am totally capable of cash out refi. However, according to my le...

Richard Warren Nine Facts about Mortgage Debt Forgiveness
24 May 2010 | 2 replies

I received this from my accountant in his newsletter. I thought it was worth passing along.

Nine Facts about Mortgage Debt Forgiveness

If your mortgage debt is partly or entirely forgiven during tax years 2007 t...

Jeff L. Rental Property Tool
6 December 2018 | 8 replies

Hey guys,I uploaded a rental property that I physically own. The formula came out to $1,000 more than I pay each month for my P&I (I know for a fact as I am actually paying it now). This obviously skews my numbers...