Say a person let's his investment property go back to the bank in a completed foreclosure by publication. He paid $185,000 and owes $160,000 and the bank's loss after selling and holding cost expenses is $20,000. Wh...

Is there a formula for determining if an applicant is qualified financially?Thanks!!!!!

Can I use 7% interest as a conservative number to figure out my mortgage payments?   If i got $1,000,000 Lent to me. I would pay 70k in mortgage payments per year

What pieces of a mortgage are included in "debt" for purposes of D/I ratio? P&I? Or the full PITI? Don't taxes hit the P&L? Not the B/S? So why would taxes and home owners insurance be calculated in debt to in...

Hi guys
My husband and I own a couple of rental properties and the loans are in both our names.  It occurred to me that having outstanding loans on multiple rental properties may negatively affect our debt to income ...

Hello BP community,I want to take advantage of the equity i've built in a couple of my properties (one is a rental and fully paid off. The other is personal residence and is 70% paid off) and use it as a downpayment o...

Good Afternoon,My wife and I made some good money on the appreciation of our existing home and we want to buy and invest in a new home.  Here is my current situation:Mortgage Amount: $370,000Home Value - $650,000HELOC...

I plan on being debt free except for the mortgage on my house within the next 18-24 months.  At that point I planned on spending 2 years saving up 50k for my first real estate investment property.  My goal is to find ...

I have a primary residence and am looking to purchase my 1st investment property pretty soon. When trying to get financed using a conventional loan how does the debt to income ratio work when purchasing additional pro...

My husband and I are renting our townhouse for the first time and are really struggling picking the right tenant - we've had a lot of interest. We have it narrowed down to 3-4 people, who all seem like great fits. One...