Woodly Tisme
What is a good mortgage rate right now?
I currently spoke to a lender and he was telling me that he can get me a mortgage rate at 4.2%. I thought this was a bit high seeing that rates were lowered by the Federal reserve. I was thinking mortgage rates would ...
James Masotti
Primary Residence Mortgage without 2 years rental history?
Something I knew but nonetheless seemed to have buried deep in the recesses of my mind...but I called a bank today about getting pre-qualified on a mortgage for a new primary residence. I have two properties I purchas...
Jay Sechowicz
Looking for 90% LTV refinance options
Hello, I'm looking to talk to a mortgage professional about a refinance situation. I house hack a duplex and want to know if anyone has anything available where I can refinance into a 90% loan to value mortgage. It i...
Walmsley Gedeon
Can a retiree obtain a renovation loan?
My mother owns an investment property she would like to renovate here in NY but not sure if she can get the funds to do so. For context she is a recent divorcee who had to do a cash out refinance on her own home to sa...
Mauricio Trigueros
Need Advice! First-time investor with potential flip
Hello, I'm a first-time real estate investor living in New Hampshire with a flipping opportunity. My girlfriend and I were originally looking to buy a multi-family home and house hack in the NH/MA area, but the prices...
Ryan Cunningham
New to this, Long Island New York
I am looking to move out and get my first property in the next few months.I have listened to a bunch of the podcasts and i am halfway though the Beginners guide to real estate investing.My Goal is to House Hack my fir...
Paul Lee
Calculating DTI for owner-occupied multi-family properties?
Hey guys,
I currently owner occupy a 4-unit multi-family and I'm looking to purchase and occupy another 4-unit multi-family. I'm using Fannie Mae selling guidelines to calculate my DTI, but I'm still not sure if I am...
Mike Cruz
Should I rent or sell my home?
Hi everyone. I want to know what I should do. Bought my home for $312k. Values in the neighborhood are btwn $490k-515k. We owe aprox $235k with a balloon payment at the end of $57k. (We had a hardship modification abo...
Anthony Angotti
Serial House Hacking, Underwriters
Hello,I currently have two duplexes that I have lived in and kept. Both are on conventional owner occupant mortgages and I will have lived in each for a year minimum once I close on a new property.I am looking to move...
Chris Nappi
Second Opinion on Leveraging a Rental Property
Hello. My wife and I have two fully paid off properties in San Francisco; Presidio adjacent and Lower Pacific Heights. We had planned on selling one of them to pay for a new primary residence in SoCal. I'd love to spe...