Account Closed
Tax Assessment Challenge
Hello BP,
I need a tax re-assessment badly. Has anyone from Clark County or Vancouver Washington succeeded in challenging the assessment? Going to ask my Realtor for help on comps. Thank you for your time....
John T.
Can spouse's rental income apply to my DTI?
If my spouse has a rental property in her name, can I count that rental income when calculating DTI on a solo loan application? Thinking about the concept of leverage on the loan side. Any insight is greatly appreci...
Pat Jackson
Using rental income for a refinance
I am trying to refinance my primary residence. I am told my debt to income ratio is too high for the balance I need, however federal underwriters will not allow the use of rental income on any of my properties. Here...
Steve Babiak
"vote a post" button seems to be working a bit strangely lately
The "vote a post" button seems to be working a bit strangely lately. Used to be, when you voted a post, that the count of votes would increment right after the button was pushed. Now, it seems that you have to navig...
Justin Griffin
Debt to Income when buying multiple properties
My fiancé and I are currently renting two properties with one being our guest house located behind our primary residence. We are wondering if our debt to income ratio is something to worry about when looking to purcha...
Account Closed
How many units do you own, and how much do you take home?
How many units do you own, How long have you been investing in rental properties, and how much do you make net profit?
Dawn Burwell
Rental income and loan discharge
I don’t know if anyone has student loans that have been discharged but I’m reaching out out of desperation because I cannot find anything on the Internet at all. My student loans are being discharged because a permane...
Tyler L.
Question regarding rent used in FHA loan qualification?
So, I’m a little confused on one aspect of FHA income qualification.
As I understand it, the debt-to-income ratios on the mortgage can be no more than 31%. However, for house hacking, lenders are allowed to count 75%...
Mike Perrotti
FHA Loan and Conventional Loan Question?
Can I use a Conventional Loan first to buy a investment property out of state and then use a FHA Loan later to buy a property for my wife and I to live in as our primary residence?Reason being… out state properties th...
Benjamin Haraway
Debt to Income Ratio
Hi everyone! I am excited to get into real estate investing but I’m worried about qualifying for a loan. I want to buy a rental property while keeping the apartment that I have but the rental property mortgage along w...