Daniel Gibson
How do DTI levels impact purchasing power/price point?
Hi folks, I have a DTI of around 30% and I'm wondering if the higher your DTI the lower of a mortgage you'll be able to qualify for? For instance if I were to be right at the upper DTI limit for a given lender, would ...
Tavares L.
No Mortgage on Rental; Use Cash or HELOC for expansion?
Hi Everyone,Rookie Question here.I have mortgage-free SFH rental property in San Antonio, TX that generates $1300/month ($1000 after Exps), w/ an assessed value of $165K.Questions: Is it more beneficial to use a HELOC...
Darrell Jones
Wholesaling
Hello to all,I have a question regarding a fellow wholesaler in my community who wants to team up and move this property off his hands. Here goes, this gentlemen told me he bought this duplex and he owns it free and ...
Gilbert Ross Jr
CAP RATE IN ESSEX COUNTY NJ
I am looking for the average cap rate for Essex County. If someone has worked in this area please let me know. If anyone has an idea of where to get that information I would appreciate that as well.Thank youGilbert Ross
James L.
Sub 2 note owner finance
hey guys, so I have an employee that has horrible credit because of divorce. He wants to buy a house has down payment money, but can't get a loan. I think he is a safe bet. I was thinking about buying a house conventi...
Darren Dennis
Where do renters look for their homes?
I'm still looking to start investing and as i look for properties, I started wondering something... Where do renters look for their homes? I looked on zillow and found a few places but i'm sure i'm missing something...
Abe Galam
Rental Management software
Hey guys, I own a large amount of rental properties and so far I used excel to manage my business. The time has come and I am looking for something better and with a nice interface. I was wondering if any of you have ...
Benjamin Meinsen
Lending Limit at local bank
We have run into an issue and would like some advise. We are currently using a smaller local bank, and they have a loan limit. We are getting close to and we are looking for new lender, or a way to put our current len...
Cillian Kelly
How often do you recast your mortgage?
What tool do you use to recast?I've build a lot of equity in one of my properties and I am thinking about recasting to lower my monthly payment. Any advise is appreciated
Jeff P.
Brrrr cash out refi Fannie Mae surprise limitations?
I will try to keep this brief.
I have 100% equity in a single-family rental outside of Detroit Michigan. I am in the process of doing a cash out refi. The house appraised for a little more than what I expected. The ...