Myles Taccini
Getting around debt to income in an expensive market
Hi fellow BPers!
As the title states I have an issue with debt to income I'd like some perspective on, if possible. My situation:
- I live in Orange County, California where 3br condos go for minimum 500K
- I own 1...
Jonathan Lubenko
Mortgage rate too high?
I'm looking to buy my first rental property and I just got pre approved for a conventional loan for 100,000$ through a recommended broker in the area. Everywhere I look online I see interest rates ranging from 3% to 5...
John Guinta
Using VA vs FHA to build your portfolio
Hello!I am a Marine Corps Veteran who got into real estate just about a year ago. My first purchase was a three flat, renting out two units and living in one. I attempted to use the VA loan but my DTI was a fraction s...
Juan David Maldonado
Buying my first property! How do I choose a lender for it?
Hey! How do I go about choosing which lender to go with when it comes to real estate investing? Buy and hold BRRR is the strategy I am going with. I have $10k saved up at the moment and I have good credit.
Jennifer Connolly
Paying down Car Loan to Improve DTI
Hey folks,
I'm planning on getting a preapproval soon, but I have a DTI issue I need to resolve.
I pay $380 per month for my car and have 16 months of payments left on it. Unfortunately, with my low inc...
Ralph Noyes
Best way to House Hack in Nashville
Just sold an excellent duplex in St Louis that we were owner occupying and moved back to Nashville after 5 years away. Now the wife and I are hoping to do something similar here after our rental lease ends next July. ...
Jennifer Shaw
Buyers touching personal property
My husband and I are selling our house that we are currently still living in. We have security cameras set up inside and outside, that are on the disclosures so buyers are aware of them, and that they are being record...
Lynn Henley
Quit Claim Deed with Short Sale
Is anyone getting the homeowner to sign over a Quit Claim Deed to you? If so, are you then able to negotiate directly with the bank to get the mortgage reduced?
This would be like a Subject-2 transaction, so...
John DeFoor
Why is getting a loan impossible
I am in the Kansas City Missouri area and new to real estate. I have a line of credit through my bank but can not get a loan to purchase property if I was to give up my first born. To start I have an excellent cred...
Matthew Catanzariti
What to do first..
Hello all. I have a question I would like to get everyone's opinion on. I'm currently 21 years old and I have 12k +/- that I'm willing to put towards initial investing. I personally believe real estate is the best ...