Joseph Reh
If 100% disabled, do I need a job to take out a VA home loan?
Hello, my name is Joseph Reh, I'm sure there are posts regarding this topic, but I haven't really been able to find it. My question is, If I'm a fully disabled veteran, do I need a job to take out a VA home loan? I've...
Ethan Hansen
First home with mother in law or duplex to help offset mortgage
My wife and I are looking to buy our first home. We're looking to buy something with a basement or mother in law apartment or just a duplex to help offset the mortgage payments. Based on my research, I think we will n...
Daniel Highsmith
Listsource Criteria
I need some help building my direct mail list. Just got an account with Listsource.com and i'm trying to get a list of absentee owners in my farm area (a single city). Here is the criteria. Any opinions would be great...
Joe Edwards-Hoff
DTI and rental income
Hello all,
I have a pretty simple question. If I own a single home, and would like to move into another and rent the one I am in, is there any way to count the future rental income on my DTI? Or will that only work w...
Rick Roach
Rent or Own while investing?
I am currently renting and considering buying a primary residence. If I buy my personal liabilities go up and so does my DTI. Do underwriters favor someone who is renting when loaning on investment properties? In othe...
Dustin Palls
FHA OwnerOcc 4-plex - Purchase from my LLC???
Hello All,I currently own and rent nine properties, 3 of which are financed (conventional), 6 of which are paid for. I have found a lender that will allow me to do a cash-our refi on the 6 and hold title to all 6, but...
Elliot Cash
Cash-out refinance loan
If you buy a house in cash or do the BRRRR strategy, does the cash out refinance count against the 10 conventional loan limit?
Tim Miller
Loan in Spouse's name affecting my DTI
Hey all,We refinanced our home and placed the mortgage solely in my wife's name. I am joint owner of the property, but she is the only one on the mortgage. I went to finance a rental, and the bank informed me that the...
Joe Brooks
USDA Loan and Rental Income
I’ve been researching how USDA Guaranteed Loans calculate the buyer’s rental income from a prior property. From what I have read, they take the rental profit/loss. If you are profiting, that is added to your income an...
Nick Leamon
How Does DTI work within an LLC
Hey there BP Nation,I have scoured the forums for an answer to this question, and I have left more confused than when I started.How does DTI ratio work when you own some homes under your name and some in an LLC?My sit...