With the 5% program essentially gone the only option for low money down being FHA... with low loan limits and hard to pass self-sufficiency tests the program is very hard to do. So is house hacking with low money dow...
Hello ladies and gents. I want to share my goals that I feel are realistic but unfortunately you don't hear to many people speaking about it. All you hear about is fix/flip, wholesaling, syndication, multi-family, peo...
I am looking for some advice on how to proceed with my current situation. Back story:I purchased my first and only investment property in 2017 using a 30 year conventional loan with I believe around a 5% fixed interes...
Hey all. The only loan I qualify for is a first time home buyer loan based on income statements (of my business). The interest rate is going to be really high, about 8-9.8%. I talked to my broker about refinancing in ...
I’m just starting out by purchasing a 4-bedroom house on an FHA loan with great interest rate in 01/2018. I do want to buy other properties with minimal downpayment possible. I know I’m only allowed one FHA loan, and ...
Hello there,
I’m closing on a property next week on conventional 20% down loan. My lender locked the rate 4.75% at least 2 months ago and I believe rates have dropped a little. I’ve already asked the lender to run an...
My girlfriend and I are new to real estate investing, living in PHX AZ. We both currently own 2 SFH's that we both have over 20% equity in. We just started renting out one of them and we are living in the other one....
Last week I shopped refi rates on non owner occupied investment mortgage. After some searching I was able to get rate of 3.625%. However I did not lock it and rates have since increased. Today I see fed will cut ra...
My husband's mom has properties where his name is on it, too. Lender is counting 25% of the insurance and taxes on our DTI even though she pays the bills and records the income on her taxes. They aren't counting the i...
Hi, my friend recently applied for a refinance for their single family home in California (primary residential mortgage). They were approved and now during the 3 day waiting period after closing documents were signed...