Mark Spritz
Income checks in Fanny and Freddie. Why, all have to hit?
So, if we were to use a traditional mortgage route to buy a Rental Property, the underwriter will have to check you income from job, others, as well as credit, amount of money you have and also any assets. Each one of...
Ethan McManigle
I need some advice
Hello, my name is Ethan. I'm 22 years old. I want to save up and buy my first property but idk what the best way to save that money is. Should I use a traditional bank account? Should I invest my money in bonds/stocks...
Sophia Berry
HELOC on an Investment Property
Hello all,Does anyone know of a Bank or Credit Union that will do a HELOC on an Investment property? The property is located in CA. I already have a HELOC with PEN FED however, was denied to increase the limit becau...
Reggie Rearden
Counting Rental income for new Mortgage
I have a question regarding mortgages for personal property. I just heard from our lender that we have plenty of income to cover the new mortgage we want BUT they can not make it work on paper. I work a W2 job, own a ...
Stephen D'Ambrosio
Finance
Hi All,I have been wanting to flip a house for a while now and there seems to be some decent deals out there. My issue is financing. I do have some money to put down but wanted to know what other options are out there...
Zackary R Drago
got hit by a car
i go hit by a car a few months a go and will becoming on around 25k should i buy a small house cash or us it as a down payment?
stl area
Austin Whisenhunt
Working with a wholesaler (what financing options)
I have 2 partners that we have pooled in our capital and have enough for a 15-20% downpayment on the type of property we would like to buy and hold. We are pre approved by a traditional bank, but they obviously need t...
Dottie W.
I Got Money Now What?
Ok, so my husband has just gifted me $5,000. I want to buy a house & fix then flip. (I AM VERY NEW & still reading J. Scotts book). Here's the thing, my credit will prevent traditional bank help to secure a ho...
Theodore Hill
Small Banks/Lenders in Delaware?
Hello Everyone, Is anyone in the Delaware market familiar with any small local banks in Delaware that are a lot more flexible/investor friendly than the traditional banks?
Gil Swenson
How to Get Started Financially
Hey everyone! I am just getting started with REI and am looking for some suggestions on how to get started financially. I am a recent college graduate with several part time/seasonal jobs and not a full time salary wh...