Gloria Mirza
do mortgages in spouses name count toward 10 home limit?
My husband has 10 financed mortgages with 10 fannie mae loans. If I am put on title will those 10 mortgages count toward my 10 mortgage limit? Does the debt/income from those properties affect my DTI?
Jeff Johnson
Rent to Own with current mortgage
We have had our house listed for about 3 months now and we've had 2 total family's come through. Its listed on the MLS for 254,900.00. We own $222,000. We need to move and are looking at other options such as Rent ...
Daven Mody
Cash out Refinance
Hi there-
My brother and I purchased an investment property in April 2013 for $185K, and put down 25%. After closing, we transferred the property title to the LLC's name. The current mortgage is under my brot...
Alexis Dedrickson
Local Indy Banks
Any suggestions?
I want to refi my rental. It's worth at least $100k and I want $60k. I owe nothing. I have another rental down the street that is almost identical. I refi'd it in June, but it took 3 months and was a...
Derek Samuelson
Refinancing LTV on a small multi family income property
I’m interested in pulling some capital out of a duplex I own in the Hampton Roads area of Virginia. I’ve owned it for about 8 years, it’s got an FHA loan on it, there’s $112,000 on the loan, and I believe the ARV is $...
Hagop Nercessian
BRRRR or Flipping in Westchester County, NY?
Hi everyone, new to BP, but have been intereted in Real estate investing for a while now. Currently, my wife and I rent a 1 bedroom apartment in Westchester county, and both have normal day jobs. I wanted to get inv...
Laura Williams
What is the absolute minimum down a lender would take?
I'm looking to make my first purchase on a 700k property. I have never gotten a home loan before and while I can cover a large mortgage I don't currently have a ton of cash.
The disclaimer is that I'm NOT INTERESTED...
Ramadan Adili
New to Real Estate Investing in Chicago Suburbs
Hey everyone!I wanted to introduce myself. I live in Elgin, IL which is the Northwest suburbs of Chicago. I am new to BP and real estate investing. This platform is amazing, and I have learned so much already. I ho...
Benn Albrecht
Will my loan close in time ??
I'm in contract to close before July 24th... I just submitted my 203k loan app. today and uploaded all necessary documents. My inspection is tomorrow 10am. I'm just a little worried that it will take more than 40 day...
N/A N/A
Refinance questions
I have 2 properties to deal with here.
Property #1 - first house bought with FHA loan, ARM that adjusts every year (1% max), is currently at 5.875%, due to drop to 4.875 in a few months. 30 year mortgage that has 13 ...