Abby S.
Rehab + House Hack strategy input
As my first multi family buy - I think I was lucky to get into a 3x 3bed 1 bath multi family in an A+ area which immediately appraised for 100k above purchase price. The immediate need and plan is to live in one, rent...
Cheng Bin Zhang
Tiny Home on Unusable Residential Lot
Hi All,Along with our first property, we also purchased an unusable lot from the MBTA. The lot size is too small (~1700sqft) to conform with existing zoning requirements. We've been thinking about potentially puttin...
Steven Bennett
Underwriting: owner occupied loan by child providing for a parent
Hi folks,I have a question regarding Fannie Mae's owner occupied financing option for "Children wanting to provide housing for parents":https://www.fanniemae.com/content/guide/selling/b2...What information about my pa...
Jerry Padilla
Foreign Investors in the USA and Getting Approved For Conventional Financing.
Here are Guidelines for Getting Approved for Financing. I hope you find this helpful, as I get many questions on Foreign Investors and Getting Approved For Conventional Financing. NON-U.S. CITIZENS Social Security Nu...
Ruben Feletoa
Cash out refinance
I have a home market value 360k I owe 175k how can I access the equity? And how do I leverage that capital to reinvest into another property?
Hadar Orkibi
Qualifying For Multi Family +5 Loans
I have a question re Freddie Mac and Fennie Mae Loans - Multi Family. or any other Conforming loans.I just had a chat to a mortgage broker who advised me that to Qualify for these loans the buyer must have minim equit...
Ole Midtbo
We're selling: will buyers be able to get a mortgage with lien?
Hi, My wife and I are in the process of selling our house in Delray Beach, Florida. We bought it back in 2015 without knowing that there was an un-permitted addition where the carport had been turned into another bedr...
Nat Rojas
Refi all Residential Loans? Keep and then go Commercial? BRRRR+10
BLUF (Bottom Line Up Front): Using BRRRR, for Properties 11 and greater, what is the best strategy to refinance out of Hard money / Private lending?
I utilize the BRRRR strategy and will shortly be at 10 residential ...
Allen Hodges
Rental ordinances from cities
Anybody have any experience fighting a cities rental property ordinance? Seems very discriminatory and unconstitutional to me. Homeowners don’t have to conform to the laws like landlords do
Brandon Warren
Options to remove mortgage from personal DTI
My wife and I bought a new home (primary residence) about 6 months ago with the intention of turning it into a STVR. We are living in it for the first year as required with the conventional loan but I'm not sure how w...