Rian Ash
Investment Property loan from Spouse
HI BP Gurus,Here is my situation. I own 4 properties, 1 primary and 3 rentals, I am the only one on the title and mortgage of all these properties. Now, my wife is looking to buy an investment property which will cost...
Sol Naim
Buying property next to a church
Has anyone had experience with buying next to or across from a church? Thoughts? Thank you!
Ernes Sahic
Buy home 1st investment property
So I have a opportunity to buy a small home just over and 900sqft. The home was inherited from a uncle who passed away. I’ve only purchased one house and the real estate agent handled all the paper work. So I’m not su...
Tia Power
Purchasing my first investment property with his terms
Hi Everyone,
I need your help. I am planning on a 2 family with a FHA loan. I plan to live in one of the units. I have the 3.5% of the purchase price. I was informed by my mortgage consultant that I would need to ha...
Shawn Mcadam
advice on a mobile home stragedy
so I have this mobile home deal that I'm getting for 12,000. It is split into 4 rooms 2 finished and 2 unfinished. I am borrowing 5,000 and paying 1,000 a month until I pay of. I plan on renting out all 4 rooms 150 a ...
Michael Landrum
Probate Scenario. please help
Hi, I wrote a post about this scenario before and got some good advice but now I have a few more details and an idea that I need feedback on. Here's the situation: my brother and I inherited a house late last year, wi...
Nicole Heasley Beitenman
Buying property zoned SF but appraiser calling MF
Hi BP! I'm under contract for a property zoned SF in Youngstown, Ohio. The home belonged to my grandfather before his passing in 2013, and my uncle sold it in 2014. I'm purchasing it as an owner-occupant with a conven...
Patrick Forelli
Investment property without it affecting DTI
Hello BP community.I currently make 125 k a year and I own 1 property that is performing well as an STR.I dont have the upfront cash to purchase another for a down payment but my parents are interested in financing my...
Jack Sun
Is there a way to get a loan if I have high debt to income ratio?
I recently graduated college and would like to get started in real estate. I have just started working and am making ~50k but expect to move up to ~60-80k in about two years. The problem is I still have several studen...
Jay Garrison
RE agent contacted my lender, wants to move mortgage
Hi,I have done the appraisal, was waiting on seller to make repairs when my agent - without telling me she was doing this - contacted my lender and discussed moving my mortgage to another lender. The new lender offers...