I live and invest in Cincinnati market. Do you know if I can get fixed rate, conventional Loans for 10 properties? Have you worked with a local bank that offers that?
I just recently purchased a duplex, which needs some cosmetic updates. Kitchen, bathroom, new lighting and flooring. I also own a single family house, with our two kids at home, my wife is now a stay at home mom/teach...
I found one mortgage broker who is willing to qualify me for a triplex BASED ON THE CASHFLOW ALONE. She said: All you need is the money for the downpayment since the DebtCoverageRatio is so high. Of course... that was...
We currently own 4 rental properties (SFR's). We buy them at 50-75k and they rent between $1,000 and $1,200. A type neighborhoods with great schools. I want to increase our portfolio to 16 total houses which w...
Hi,
Was wondering if any of you loan professional could help me.
My FICO score is at 740+
Income is good, not an issue.
Up to 50% down if I had too.
Debt in Income will be lower than 4...
Hey guys,
I hope your all well.
Is anyone else attending the OREIA Convention in Cincinnati from the 11/7 - 11/10 next week?
Please feel free to connect and it would be great to meet like minded i...
Could it be done? I have an eye on a homepath forclosure, but there are quite a few hoops to jump through going that route. I'm looking at flipping the home, from what I've been told through an agent and lender is t...
My bank will qualify me for mortgage for a 4-plex if I live in one of the units at least for a full year. A property I am considering right now is fully occupied. Can I still ask for the mortgage and tell them as soon...
I have a question about getting approved on a conventional loan for an investment property. I plan on 20% down to fulfill the 80% LTV. I have a very low DTI ratio of sub 15%. However, my hold up is I have low reser...
Do people use conventional, 30 year loans for fix and flips? I have some cash, and a loan pre-approval from a bank. Not sure what 2014 will hold for me, but I was thinking that perhaps instead of using cash to do ...