Hi, I am planning to buy a home. As I don’t have enough savings for that, I have no option other than a mortgage finance. I don’t have any previous experience with mortgages. So, I asked my friends for their suggestio...

Hello, this lender at gaurenteed rate says my DTI will be too high AFTER i buy this SFH (with FHA) that i will turn into a rental later. Ive always known your DTI has to be below 50 when going to apply for a morgage b...

Do you have an opinion on leveraging an existing property(s). Example - my first property is a 3000 square foot building that sits on a half acre lot in downtown with a zero balance. I'm considering pulling some of th...

I purchased my first property back in 2018; the monthly mortgage payment is $1300 (which includes interest, principal, property tax, and insurance). I leased the property a month after the purchase for $1550 a month (...

Hello! Thanks for reading this and for the help. For all you short term rental owners out there, when you are calculating your return (cash on cash) are you including principal as an expense, income, or deferred until...

I'm planning to buy a third house. It would be a townhouse in Brooklyn, NY. My budget is around $1.7 to $2.1 Million for 1-2 family house. I wouldn't be renting any of it. I currently have an apartment in Brooklyn, NY...

Hello everybody. I’m at the finish line with my refinance and it’s suppose to close on Saturday July 27th. The company is saying that it will fund on August 1st. It Was suppose to close on the 26th and fund on the 31s...

I’ve been a part of the forum for a few years now. Deviated from pursuing this and ended up buying a house here in North NJ, is there an avg return on single family rentals? I was planning on just selling the property...

When it comes to managing your mortgage, most homeowners are familiar with refinancing as a way to lower monthly payments or take advantage of better interest rates. But there’s another option that’s often overlooked:...