I am 19 and would like to buy a 4 plex multi family rental unit that is fully occupied. I do not have a lot of experience on the legal side and getting approved for a loan is almost impossible. My parents bought the h...

Hey guys, new to the game here! I bought a property in midwestern Ontario, it’s 3 lots which I’m putting 2 triplexes on. I’ve got a private loan for the building process which is getting underway shortly. Once complet...

What is the best case scenario if looking at a potential house but seller owe mortgage?

Hey. I can use a little advice. In June 2012, I took out a 7 year ARM at 4%. This past June, I was notified that my ARM has expired and my interest rate will rise. With rates where they are, do the numbers below make ...

Hello BP members,I would like to share my current experience with mortgage preaproval letters from lenders. When I first started the process I got preapproved for a conventional loan with 5% down. However if I was to ...

When applying for a mortgage loan for investment property do you ask for the amount there asking for the property or more for small repairs

If I don’t claim my cash tips, can bank statements be used as income verification for a mortgage? I keep everything in the bank, so you can see how much I make in my statements.If paystubs are a non negotiable, is the...

What can homeowners do when their home is worth way less than their mortgage note? Are banks obligated to help? 

Hello,I'd like to refinance my first and only mortgage, right now I am at 4.5%, anyone know a reputable lender giving 3% or below? Thank you

Hypothetical question (that definitely has nothing to do with current world situation..):If for some reason $1 became worth $500 would I then be able to pay off my 30yr fixed rate mortgage with a week's pay?