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I'm in the process of trying to purchase a rental property and wanted ask about adding a mortgage to a property later. In a perfect world, I would pay all cash for the property now and then maybe a year or two later i...
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Hi everyone,
I purchased a property via 2nd lien foreclosure in Los Angeles County. I am going to be an owner occupant in this property. I am having trouble finding a lender who will allow me to cash out the differe...
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I would like to find a refi method that I can use for a rental. I have $10,000 equity on a $88,000 home. I want to limit how much cash I bring. Any ideas
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I've been thinking about my long-term position on some of my rentals and foresee a problem coming in a few years.
Two of the mortgages on my rentals are ARMs and will be resetting in a few years. The current rate ...
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Hi! I'm looking for recommendations for lenders currently doing delayed financing loans. (I purchased a rental property in Nov. with cash and would like to take the cash out and purchase another home). If you have re...
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HelloI am looking forward to buy a property and in the closing status. I am self employed and the income reported on the taxes does not allow me to qualify for a conventional financing. I am pursuing "bank statement l...
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Hi All, I recently refinanced my primary and looking back, I should have taken some cash out while doing so (the refinance closed at 2.625% just over 2 months ago). I've been thinking about taking out a home equity lo...
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I’ve talked with several lenders and have found a few that do have programs to loan within an LLC. The problem is the rates are so high (6.5% -8.5%) for a 30 year fixed that it would require me to get a really super p...
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Hi bought a personal residence condo in 2009 for 480K in Southern California. The area has improved. It's been rented out the past 7 years, minus a 9 month personal-residence stint where I refi'd to a great rate (3.62...
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does adding inquiries to increase credit limit in order to lower DTI during underwriting mess up the whole loan?