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What if your debt to income ratio is too high and you cannot get a loan from a bank. If you get a loan from a private lender and then when you go to get a cash out refinance on a rental property can you run into issue...
I am currently in search for my first deal, I have a few REOs on my list that I am looking at.. I have cash and proof of funds ready.. how much leverage do I have vs another that’s going through conventional , FHA loa...
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Hello, I currently have 4 conventional loans. They are all investments. I contacted the loan officer who had helped with those loans to try and get a 5th investment. However, she advised me the rules had changed and I...
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I currently have a FHA loan on a 2 family home in Danvers, MA. I was told with my debt to income ratio I would be able to refinance out of my loan into something else to get rid of PMI. Looking to acquire knowledge ...
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Gearing up to purchasing my first rental property - Is it better to do it as an individual or as a LLC?
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I have been searching for distressed properties and have wholesaled some , but I want to start doing my own rehabs but need the funds , I live in southern california where prices are high , so I am going to need funds...
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Good afternoon everyone,I'm looking to do a cash out refinance on my 15 acre property that currently has two mobile homes on it. I occupy one as my primary residence and the other is a rental, this is my only property...
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Hello everyone, I'm a new investor in the Charlotte area. I have three properties--two rented, one being rehabbed--and I'm exploring ways to build up my real estate portfolio. One of the methods that's been most attra...
I'm currently looking at a house on the HUD home store website. I would move into the house so I have priority in the bidding process. The market down here in Virginia Beach is very hot and the house I'm looking at is...
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Hello BP, So my situation is that we have grown a rental portfolio and are fairly far past our ten conventional loan limit. Not thinking we'd move, we used all of them. Now we may decide to move. My question is...