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Hey BP community! Question- Does my current lease payment for the apartment I am renting impact my DTI for an investment property I plan on purchasing? I have no intention on living in the property so it wouldn’t be a...
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OK everyone here's my situation I have a 5 unit property in New York that is asking 120k, I think I can get it for a little less. I have about 40k and would like to finance the rest. It currently has 4 units rented an...
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Hello!
This is my very first post on BiggerPockets. I have been reading the forums without an account, and I think it’s now time to step up and ask for some advice from experts!
My fiancé and I are planning to move ...
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I want to purchase my first property in the next year or two but not sure on if the timing is right because of my current situation. I am 25 years old, currently have student loans to pay back, and live in the downtow...
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A private lender and I are going 50/50 on a down payment, I have cash & my private money partner is using HELOC funds and I am wondering how we can legally go about using our cash ASAP without a 2 month seasoning ...
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I was speaking to a friend who owns a few single family rentals. He has an LLC for his business but he stated that he does not have his properties in the LLC, he financed them and holds them in his name. I hear all ab...
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Hi, I am wondering what is the proper way to close out a mortgage on a home we acquired subject to. We purchased the property a number of years ago, the loan has actually since been sold to a different lender, and we ...
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Heloc versus Commercial Line of Credit in Maryland- Recourse or Non - Recourse loansHope all in the community are well and navigating safely during this moment in time.I had questions as trying to free up some cash fo...
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My name is Mitchel Quinn and I would like to get a good foothold in the door of real estate to get on the right path and stay there. My girlfriend and I have been looking at properties over the last couple of months d...
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hello BiggerPockets. I have found a great house in my market. I just spoke with my mortgage broker earlier today and he told me since I am 1099 wage earner that it is going to be hard for me to get any type of loan f...