Samantha Klein
DTI and 75% of rent counted
Hi BPers,I want to make sure I am understanding this properly. Next year, I will qualify for 2 mortgages of around 80K each or 1 mortgage of 160K, let's say I can have approx 1100 a month in debt, if I bought two dupl...
Chris Russell
Mortgage Broker in WY
I am buying my first property, which will also serve as my primary residence in Lander, WY. I was preapproved through Citibank at 4% for the mortgage, but this seems a bit high. Does anyone know of a mortgage broker t...
Aaron Morrow
📢 MARKET UPDATE - November 2022 🚨 (Greater Seattle Area)
Shift in Market Brings Some Relief to Buyers 🏡 Check out our update for November!A more traditional fall market is providing some relief to buyers, as active listings have nearly doubled from a year ago. While inflati...
David Doyle
Can Lease Option Sellers Qualify For New Mortgage
I just learned today that many times if a SELER on a lease option deal leases their house out on a option to an investor., is now  NOT in the POSITION to QUALIFY for a new MORTGAGE on a new house he can move into.I ...
Jasper Li
Mortgage Payment Question
I am currently renting one side of my Duplex and living in the other side. I’m collecting the rent into a business account which covers part of the mortgage. And also transferring money from my personal account into m...
Mary Jay
Please help to figure out 10 properties financing
Hi guys, sorry if its a stupid question:Do conventional lenders stop financing if a person has 10 financed properties or 10 properties (not necessarily they are paid off or not paid off)?In other words, lets say hypot...
Janina Farr
MORTGAGE BROKER OR BANKS
Hi BP crew. I just need some quick advice. I'm looking to purchase a building for $200,000 and in the past I've been told using a mortgage broker was better than using a bank to get financed. What is the difference ...
Randy Jr Eichholz
Subject to owner occupy
I was wondering if its possible to take a heloc on a sub to property?
Account Closed
Using Subject To, to Get "Free" Properties This Is Where The Deals Are
I often buy using Subject To to buy properties. If you choose to use this technique these are some of the Pitfalls to watch out for. You can build a very strong portfolio, if you take proper precautions.
Subject To P...
Hans Baum
Subject To -- VA Loan Question
I'm in the process of purchasing a home for personal use and have come across a dream house. The home is priced at $430,000, with an existing mortgage of $350,000 at a 3% interest rate. I'm considering assuming this m...