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Hey Everyone!
So I went to be pre-approved for my first investment property, but was denied by 2 lenders because the property would put my DTI too high. I have good credit and enough cash for down payment and closin...
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Hey guys, I worked with Trustco on my first house hack this year and they said they can use 100% of my rents on the first house to count towards my DTI on the second. My question is how exactly do I report this income...
Hi everyone,Hope you are all doing well.I'm very interested in a property but don't know who can finance it. My residential mortgage guy was no help and referred me to their commercial division who said they wouldn't ...
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Let me preface my question by acknowledging that there may not be a viable answer. Hopefully somebody has an idea/experience. I am looking for ideas/advice on structuring an offer to purchase a strip plaza.
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Hey guys,
My name is Kris Benson I am a father of two and currently live in the Saratoga Springs area. I am 33 and seem to be having a "mid life", well maybe not mid-life but a bit of a crisis.
I have been very for...
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Hi,I passed my real estate exam this morning! I'm looking for recommendation on sponsoring brokers and broker companies in the Edmond/OKC area. I am not ready to jump into it full time yet because I need to build it ...
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Hello all,I have a very simple question. There is a prospective tenant (PT)looking to rent a unit. PT mentioned to that he/she is currently going through a divorce that has not been finalized. I AM WELL AWARE THAT IT...
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Last year, I was living in my primary residence and working on a flip for much of the year. Since I had a house that wasn't generating any revenue, my DTI was about 55 percent, as shown on my 2020 income tax returns. ...
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Would it be worth a pay cut to work to work for a property management company before I invest in my first rental property. Thus gaining the experience and knowledge of the field. This wouldn't be so I could manage ALL...
I’ve been fortunate enough to work my way into a $170k/ year position with my current company but feel that something (freedom) is missing every day. I’m only 30 and realize “good things” don’t last forever and I keep...