There has been a lot of discussion about interest rates recently and a general lack of knowledge about what is driving mortgage rates to go up so I wanted to make a post outlining the reasons why mortgage rates have c...

Hi, i'm just curious as to what happens to the owner of the foreclosed home. I'm assuming, for one, that his/her credit goes down the tubes. But what else happens? Are they "free and clear" of the property, or does...

Hello bigger pockets getting ready to do a 1031 exchange in corona California. First time ever for us we are selling a commercial building can use any tips or pointers. Also  what kind of properties should we be looki...

Rates are likely to go up at the next two federal reserve meetings.  This means that monthly mortgage payments will rise and these numbers will be eating into affordability for the average home owner.  It also means t...

Hello, this is actually my first post here on BiggerPockets. I appreciate anyone taking the time to read and reply.I read an article today (I think it was the NY Times) that the Federal Reserve is going to gather soon...

I am looking to find a A licensed and Safe Act approved Residential Mortgage Loan Originator (RMLO) in the Tampa, Clearwater, St. Pete area. I am looking having them underwrite mortgages for me. I want to make sure th...

I've been buying a house a year for the last 7 years and they all have mortgages on them. Granted, I like working in the middle-class market, but I'm wondering at what point do I start worrying about being too leveraged?

I'm having trouble getting insurance for a 31 unit apartment building I have an offer on.  It was built in 1971 and has only had minimal updates since then.   The only quote I have so far is about 10% of rents-- $20,0...

The Federal Housing Finance Agency, FHFA, the governing body that controls the conventional loan world.  Think of them as the parent of Fannie Mae and Freddie Mac.  They have set multiple new pricing grids for all con...

Hear me out.

Let's say part of your screening criteria is a minimum of 3x rent as income. In CA and some (all?) other states, you cannot discriminate based on source of income. That means if the prospective...