I’m looking to use my VA loan again for my 3rd home, after learning I still have some entitlement left. I recently went back to school and racked up student loans onto my already high balance. I plan to get on an inco...
Hello, I am seeking advice as I am new to seller financing. I want to understand how to structure the finance terms.if for example the house is on the market for $200K1. how much do i ask for down payment2 going in...
I searched for Velocity Banking but did not get anything to return except for some lenders using that name. I just was introduced to this strategy this week and was curious if anyone has done it and what their experie...
Hey BP Community! I recently ran into a bizarre scenario with a tenant of mine and wanted to get everyones inputA few months ago, my tenant (who pays on time and keeps the place very clean) calls me to tell me that th...
I've purchased 15 rental properties in the last 3 years and want to sell off all my 4 bedrooms since for the most part they have been problematic. In the Houston area the rent rates have gone down 15% since last year....
So I've heard alot of talk on the podcasts and this forum on banks limiting the number of mortgages that you can have for rental properites. Some have said 4? some have said 10I am 10 days from refinancing a rental ...
If the seasoning period for a cash-out refi is 6 months, do I need to wait 6 months to apply for the loan or does it just need to close after no less than 6 months? The latter makes more sense, but these rules aren't ...
Hi Everyone, I'm new to the forum. I have a tenant that has been with me since mid June. They have not paid on time any month since they moved in. They typically pay around the 12th to 16th although the rent is due...
Is any one familiar with the NYS ERA Program? I have a Section 8 tenant that is behind on their portion of rent, approximately 2 months, and has applied for the NYS ERAP. The ERAP is an economic relief program to assi...
I know people often refinance from a 30 year to a 15 if they can get a competitive rate that does not dramatically increase the monthly payment. I am looking at doing the opposite. I bought a property (my first) with ...