Shelby Sample
HELOC in Dallas on Rental Property
Looking to buy a vacant home in Forney that needs significant repairs so I cant get a typical loan approved on home.i currently have 1 paid off rental property and was wondering if anyone knew of local banks that give...
Toby Russell
Nc banks for beginners
Does anyone know of nc local banks that will allow for less than 20% down and not charge points for small loans?
Yvette Velasquez
401K/IRA to qualify for mortgage for investment property??
Hello! I'm new to this forum and new to real estate investing. I am recently self employed with not much income to show, I own my home and have a HELOC I want to use as down payment for an investment property. I have...
Alex Fanning
Cash buyer low on funds due to stock market
Hey everyone, I’m selling my primary residence, I owe 195k still. I will be profiting 200k. I had the perfect situation, I was selling by owner and had a cash buyer come to me with no agent. No inspections, no conting...
Erin Reynen
How can I help my sister keep her house after her divorce?
Hi,My sister is getting a divorce. Their house is worth about $400,000. They owe about $180,000 on it. He earns the primary income. She runs a daycare out of the home. She cannot afford to maintain the mortgage o...
Thomas Hartman
First time out of state investing
My wife and I live in NYC with our 3 year old son and have about $150k to start investing in rentals. Out of state makes most sense (looking at a few midwestern cities as well as TX and FL), but we know nobody out the...
Daniel Mulberry
Physical Presence Requirements for Mortgage & Purchase
I am starting to lay ground work for buying an investment property sometime in the next six months. I work out of country and am in the US for only about 30 days throughout the year and that is either for holidays...
Caryn Marion
New Construction for permanent residence
Hey community. I'll try to make a long story short. We currently have 5 acres with an occupied mobile home that we owe $35k. We signed a contract with a local reputable builder for a new home in August. Base price of ...
GREG B
Generic or Official-looking Letter of Intent
I'm trying for the very 1st time to wholesale a REO house. I submitted an offer with a real estate agent who showed me the property. Within an hour of my hand-delivered Letter of Intent that I gave her, she called me ...
Account Closed
House Hacking a 4 Plex.
If you have house hacked or helped/know someone who has house hacked a small multifamily property (3-4 units), do you think its better to get an FHA loan or a regular conventional loan? I have different lenders tell m...