Neel P.
Will an SBA 7(b) Disaster Biz Loan prevent me from qualification?
I got approved for an increase in the disaster loan to my business (I'm self employed) by the Covid 19 Disaster Loan program. This is a 3.75% 30 year repayment loan to the business.
Because it was over a certain $$ a...
Carl Crump
$3M Hard Money Loan for Investment property
Hello,I know lending times are very tough right now and hard money was hit hard too. Are there any hard money or private money lenders offering 75 LTV right now for an investment purchase? Any that will allow seller ...
Adrian Jenkins
Manhattan Condo and Co ops
Hi everyone! I am seeing how affordable condos are in Manhattan compared to downtown LA where I live. I had read about the exodus in NY and CA has had its own version last year.Some of the condos I’m seeing in the MLS...
Aram V.
Need Refi Strategy Suggestions
Hey Guys!I'm at a bit of a standstill, I'm self-employed and all the lenders I've called require past 2 yr tax return. I tried to have my wife apply for a cash-out but since my primary mortgage is on both of our nam...
Sal Mazzone
Need advice on getting mortgage with no income
Me, my brother and father-in-law are just getting started in REI. We have two offers out on properties that we will be buying with cash. Our strategy is to purchase the home cash, rehab, then refinance them at the A...
Naveen Desai
Getting Mortgage when person had 2 foreclosures in PAST > 10 yrs.
Hello, One of my acquaintance reached out to me to help him with buying his home. The history is he has had a foreclosures in the past over 10 yrs ago. He also had another home that was lost due to a divorce als...
Jason Rego
mortgage when you already have few rental but no personal income
I am in Southern Ontario, have few rental properties already and want to buy few more; my mortgage advisor said they are not able to finance any more; because my income does not support buying rental properties. No lo...
Account Closed
Mortgage broker says property must be in my PERSONAL name, what?!
I'm looking to branch out into buy and hold rental properties in my area. Found what looked like a decent deal, that is until my mortgage broker told me I can't get 30-yr residential mortgage because the property woul...
Jake Wakefield
Is Home Owner's Mortgage Applicable If One Person Is Living There
I want to get a home owner's mortgage because it will allow me to put less money down to obtain a property. However, my mortgage will have both my name and my brother's name on it.Can I still get the home owner's mort...
Bart Blair
LLC for Rental/Business w/ Mortgage and Property in Personal Name
I just listened to this podcast episode: https://www.biggerpockets.com/...Ryan mentioned that he has his mortgage in his own name but uses an LLC for the "rental business" aspect of income and expenses. He did not men...