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My wife and I rent in the LA area and entertained the idea of buying a house (laugh track ensues). We connected with an agent and are in the middle of a pre-approval process with a mortgage officer. Today, I let him k...
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Hi Guys,I am 72 hours away from closing on a home, and my mortgage company is demanding a "comfort letter" attesting to my self-employment. The CPA who filed my taxes won't touch this and they just rejected another CP...
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View report*This link comes directly from our calculators, based on information input by the member who posted.Hi BiggerPockets people. Looking for some advice. I bought this house last year fixed it...
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Does Citi have a home loan application fee. I called Citi and told them I was interested in a loan, the loan officer talked with me for about 15 minutes, then he checked my wife's credit report, but was unable to chec...
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Let’s say you live in one unit of a 3 family and the other 2 income will cover mortgage payment, Would a bank ever approve you for buying a property with no other income, provided that you make a down payment?
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Is owner finance/ seller finance synonymous with lease option? The two seem similar to me
Lease option - allows the tenant the option to purchase the home
Owner finance- owner is the bank, sells home to the buyer
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Hi all - I did a search here but couldn't find a consistent answer. Hoping for one here. Situation: This is my first time lending money. It is a first position note for 12 months to a borrower who paid 6 months of int...
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Has anyone done a 4plex financing through a USDA Loan? If yes, how was the process? How did you get passed the "non profit property" restriction??Thank you!!
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For those who've used bridge loans before, how did they impact your ability to capitalize on time-sensitive investment opportunities?
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Hi,
I'm looking to get some information if there is any financing companies that provide no income verification very more, and use bank account statements as proof of funds?