Would need any advice on my next real estate purchase / ideas after seeing this general scenario:- make around 80-100k, live in NYC, put 3k saving/month away- live in NJ, union city area so mainly looking at Newark, J...
I currently own, and let's say my debt to income is at 50%. This would basically disqualify me from obtaining another mortgage. Short of moving, renting my place out, and then applying for a mortgage after I can offs...
DEBT TO RATIO is holding me back enough for banks to say NO everytime i get to the underwriter part. Truly stinks and a waste of time for everyone..If anyone with same experience can give me tips or advise id truly ap...
Hi everyone, I'm a beginner in the real estate market. My wife and I bought our house in 09. She will be done grad school in August. Not sure what step to take next. Buy our second house and then buy the multi family ...
Hey Everyone, I am in the process of educating myself as prepare to dive into real estate investing, but I'm finding the biggest obstacle, as I'm sure it is for a lot of people these days but especially as someone liv...
Hello everyone! Im a new RE investor and currently seeking some advice on how i can proceed with a current situation!I currently own a primary residence (3 family) with an FHA loan, and a single family (investment p...
Hello everyone! I am somewhat new to real estate (there are several apartments that I successfully rent out) and I have a question regarding DSCR Loan . I have a fairly impressive amount for a down payment and I’m won...
Discussing an event, where my rental property would be paid off and I would be receiving rent payments.If I was to refinance my home and make the rent payments to the mortgage, would i be better off financially?
I co...
Hi all,Newbie on the forum here and to investing. I currently have two rental properties, and am looking to acquire funds for my third. I am looking at either a Home Equity Line of Credit on my first SFM rental or a C...
I've heard people using cash from a HELOC on one property (A) to buy an investment property (B), then immediately do a cash-out refi on B and put the cash right back to the HELOC on A. I'm planning to do that, however...