Jorge Abreu
Record Low Employment - Do You Think We Will See A Rebound In Q3?
The record number of jobs lost over the past two months should begin coming back in Q3 and be largely regained by the end of 2021, according to an analysis by CBRE.
Over the past several weeks, 33.5 million worke...
Pete T.
Zero Mortgage, Excellent credit, Excellent Assets, Poor DTI (Self Employed Low Income) - Want Cash Out.
I've been beating my head against the wall with this. Times have certainly changed since the great crash!
Husband/Wife self employed (20+ years in same business).
Own several properties - all either free and clear o...
Giancarlo Valverde Barriga
DSCR Loan recommendations
Hello all, out-of-state investor looking to invest in Cleveland, OH. I am a new graduate and do not have two years of income for a traditional loan. I am looking to borrow ~$90k. I have enough for the downpayment + re...
Account Closed
I Made Huge Returns on Low-End Rentals and You Can Too!
I grew up in New Jersey and bought my first property at 18. I didn’t really understand how real estate transactions worked, so I went to the court house and watched several transactions occur. As time passed, I found ...
Ned Micic
Tenant has low credit but offered 1 year rent upfront
Hi guys,
I had a potential renter approach me and tell me that his credit is low but he will pay 1 year rent upfront in cash. It sounds good but I feel like this is a huge red flag. Anyone ever experience something l...
Sarah Jane
accepted offer on investment property :)
Hello Everyone it’s a happy day!, just when I was thinking that my offer might have been a low ball one it got accepted 35k under value!. Wanted to get some input from everyone on what I should do with the tenants the...
Account Closed
What Loan Programs Are Available For Self Employed Mortgage Applicants?
I'm looking to get my first home, a primary residence, but I am looking for solutions to overcome obstacles that I will face as a self employed applicant. I am looking for programs that require a low down payment and ...
Armand P.
Self Allocated VS. Managed
Hello-I met with a Financial Advisor from Fidelity to go over my retirement accounts. Currently, I have a Roth IRA (that I contribute monthly) and a 401K with my current employer (company matchs up to 5%). I will be t...
Eric Sanne
Bank Statement Loan for Self-Employed
Hi everyone,My wife and I are self-employed and finding it difficult to qualify for traditional financing. Imposible actually. I stumbled up bank statement loans and just spoke with a loan officer for an hour asking a...
Jacob Willett
Loan Approval Without Employment
I am working on my first deal and I have started working on getting a loan pre-approval. My concern is that I am currently a college student and my employment is based on co-op cycles within the college so I cannot pr...