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Results (10000)
Michael Ming Seeking Advice: Managing Tax Obligations and Property Down Payment
10 September 2024 | 8 replies

Hello everyone,
I find myself in a challenging financial situation and would greatly appreciate any guidance you can offer.
I have a pending income tax payment of approximately $200K for the year 2023, due by Septem...

Cosmo Iannopollo Should I look to refinance?
25 July 2016 | 16 replies

Let me start by saying that I'll have owned this home for 2 years in December, so this may be a little early to be discussing this. Just trying to get a sense for what I should do when the time is right. I purchased a...

Jimmy Leaton I want to buy my second home and rent out my current home
3 October 2024 | 11 replies

Should I use the equity in my primary home to purchase my next home? I will be renting out my current primary residence and moving to the house I will be buying.

Emily Wiu Getting rid of Mortgage Insurance
14 April 2019 | 2 replies

I purchased a house 2 years ago with 3% down. The mortgage comes with a hefty PMI per month, and the original lender had sold the mortgage to Dovenmuehle as soon as my house was closed. Since I have been paying extra ...

Paul Brady Bank calculating rental income wrong?
21 March 2023 | 11 replies

I have two rental properties
One with a $5400 mortgage payment with $6600 in rents coming in after expenses ($1,200 in profit)
Another with a $2000 mortgage payment with $3000 in rents coming in after expenses ($1,...

Alex Moazeni I'm already maxed out what do I do?
1 March 2021 | 15 replies

Hi.I've told from my lender that I already maxed out and won't be able to buy more property unless report more income for 2020.Question; is there any other way besides of reporting more income,to get approved for anot...

Erin Gipson Payment buffer until PM finds a tenant?
24 November 2023 | 12 replies

As I continue to discuss this new investment venture with family, I continue to get the same question asked. I plan to go at this with no money out of pocket. I plan to do the research, construct a plan to pitch to a ...

Travis Reed Is interest rate on a conventional loan at 7.6%?
2 March 2023 | 12 replies

I do not know much about lenders and brokers and how much rates vary between them. I called my local lender brokerage here in town and I asked what the going interest rate was for a conventional loan for a duplex (not...

Justin Rockitter Question about Seasoning Period
2 September 2022 | 8 replies

So my conventional lender says that they can only cash out refinance on 80% of purchase price after 6 months and in order to base the refinance on the ARV I would have to wait 12 months. Is this typical? Are there len...

Ritch Shepherd Financing REO 10k-25k rentals
16 March 2010 | 29 replies

I've been very successful with purchasing REO's for 10k-25k and renting them out for $625-$700 to sec. 8 tenants. I've used credit cards with fixed rates and Bank of America to mortgage the properties, but these types...