I've found different lenders calculate DTI ratio when it comes to rental income differently.Some lenders take rental income (or a percentage thereof), subtract the mortgage amount, and then add the result to either th...

I've got a cash investor willing to put up money for a down payment of 20-25 percent or more but doesn't want to put his name on a note. My debt to income ratio isn't good enough to to get me qualified for an addition...

There is a house in my sub division that i would like to buy. The husband recently passed away, and the wife was just a homemaker , and didn't handle the finances in the household . She is now left with 2 mortgages, o...

I've had my first rental for over a year right now.  I've been told that lenders will factor in my rental income into my DTI to help secure a loan for another property purchase.  A couple questions:1) How long do I ha...

I was hoping to get a little advice on cashing out the equity in some of my properties.  I own several that are paid off and have steady tenants in them for many years.  I was hoping to group the properties together a...

Hello everyone!

I am considering using a HELOC for a down payment on my first investment and I wanted to get everyone’s opinion on this strategy and if it’s a good strategy or not? Thank you!

Looking to buy a property within the next 6 months. Have minimal credit though. 1 secured credit card, 1 regular credit card, and an authorized used on a credit card. Credit score is saying 680, with just a year of cr...

I LIVE in in a Las Vegas house originally bought for 350k in 2005 now worth about 160k. The monthly mortgage w/o taxes is about $2000. I have made all my payments and never have been late. I want to buy a bigger ho...

I am currently doing a cash out Refi on my home in order to free up some money I put in on a renovation/inlaw build out this past year.  My understanding is that I can only take 100k worth of the mortgage deduction fo...

How hard is it to get approved for an FHA loan or a 203K loan with a very low income?