Hello, I'm trying to figure out how much home someone can QUALIFY FOR SAFELY as a primary residence with approximately 400k annual income and 100k as a down payment. Other monthly debt obligations are 3.6k/month in ot...
We bought first house in in 2014, found out pretty quickly it wasn't right for us. Sold it in 2015 and bought another that we plan to keep for the long haul. Both are primary residence. We never claimed the 1st time...
Hi BiggerPockets community - First time poster, long time listener and observer. I love everything that this site stands for, so I wanted to ask the community here a question regarding buying a duplex as a principal r...
Current situation. Current home under va loan. Lookinh to have my wife refi under her name only. So i can. Buy a investment home with my va loan. Anyone know if this is possible?
I'm a new investor and working on making my first purchase. I was approached by an agent who claimed I most likely wouldn't qualify for a conventional loan based on the fact I wouldn't be living in the residence.I hav...
Hello all,
My wife and I were so close to buying our first duplex to begin our portfolio. However, we backed out of said deal because we found out we would only qualify for a certain amount of money on a second loan...
BP Fam,I've run into an interesting dilemma with my primary residence BRRRR/househack: The new ARV will probably be too high for my single income to qualify for DTI ratio requirements for the mortgage post-cash out/re...
Hello all I am new here. I am currently in contract for a triplex located in NY. I am in a bind right now trying to get a loan for the property. The purchase price is $765,000 and I currently have 6% down in escrow. I...
I have 4 solid candidates, which is making it hard for me to select:
A: Doctor (ending residency in a year at a major hospital) and engineer (working for a big high-tech company), moving from 40 miles away to be clos...
Hello Fellow Investors!
I would really appreciate your advice on this matter.
Background Information
I own a condo in Santa Monica, CA that I am currently renting-out. I'd like to sell the condo in 2 or 3 years (af...