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...
Hannah Joy
Cash Out Refi seasoning period
Hi all, I purchased a property in October - interest only for 12 months, renovation escrow. The renovations are almost complete, it is my primary residence, also will be renting rooms. I'd like to cash out refi as so...
Darren Finney
Sheriff Sale Subordinate Mortgage
Hello all - researching some properties for a local Sheriff Sale that I plan to attend. Using a document search online I found a recorded "Subordinate Mortgage" from the Secretary of HUD on one of the properties that...
Alan Iverson
Great borrower with 3 year work gap - getting a mortgage?
I'm seeking a $150k mortgage having a 3 year work gap (ending this week when i start my new job).840 credit score with cash to buy the house many times over.Engineer for 25 years, took the last 3 years off (intentiona...
Raina B.
Am I being impatient?
Hello BP family! I am currently in the process of closing on my first primary residence which is a FHA 203k loan. I was in contract in early September, and hopefully will close by the end of this month and then still ...
Donald Dickerson
Being a Millionaire
Exactly what is the definition of a Millionaire?Net worth, but does that include the net worth you have in your primary residence, or is that excluded?What are the thoughts of our experts?
Derek Tauai
Looking for Primary Loan while working in Different State
I work in the Bay Area of California and have a well paying w2 job that I only have to be at 3 days a week. I want to keep my job but move closer to family in St. Louis, MO. I’ve talked to a few lenders and no one is ...
Brook Davenport
Second Home Loan Frequency
I’m assuming you can only have 1 second home loan at a time? I wanted to see what the frequency you could get the Fannie/Freddie second home/vacation loans with 10% down.
Lisette S.
Purchase Triplex with Lower Down Payment as Owner Occupied?
Okay- I am throwing this out to see if anyone or any lenders can provide some insight. I have a primary residence, but am looking to see if it is possible to purchase a triplex as an owner occupied residence with a lo...
Phil Truong
Primary residence turned into rental advice
Hi Everyone,
looking for some clarity on captial gains on a primary residence that I will be renting out after I move into my new house.
if I decide to sell my first house that I turned into a rental after 5 years...