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I recently applied for conventional financing to secure a property (VA). Unfortunately I am having some DTI issues and I work 1099, so I am cash heavy but no one wants to lend because I have less than 2 years of 1099 ...
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I am in the process of closing on my first deal and I can't stop thinking about lining up financing for my 2nd!
Here is my situation:
Starting on May 1st 2012 I rented two spare rooms in my personal residence. I had ...
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All,I am currently honing my strategy for buying my first property. I have a goal of being financially independent in 7-10 years. My current dilemma is whether or not to buy my first property with intent to rent it ou...
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I have a few questions about "subject to" the existing mortgage and a deal that really only makes sense to me using this type of financing. If any "subject to" experts or those with experience would help me out I wou...
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Hello all! I am 23 years old and just purchased my 6th single-family rental home.I reached out to the bank to find out how many more I can buy. The answer? Zero. My DTI ratio is now too high which I expected - so it d...
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Please critique this strategy:I want to buy a short sell to live in and rent out my current home. We are also feeling a bit cramped in current home and would also like to change neighborhoods for a variety of reasons...
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I’ve worked and helped a lot of investors buy and sell in the KCMO area, but have yet to find one that has been able to finance one at 0% down and I wanted to hear your thoughts and ideas on what methods you use to bu...
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I recently purchased a rental property and formed an LLC, to which I plan to transfer ownership of the home. Lawyer says this is standard operating procedure, and should be done. However, lawyer also said that techn...
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Hi,I’m a new BP pro member and I’ve been putting in my reps on the rental property calculator. My problem is I’m trying to get out of my apartment with rent skyrocketing and I just don’t have any money for a big down ...