Hi All,Is it possible to do a lease option on a property then get a traditional mortgage on it? What about getting a mortgage on a property then doing a lease option? When I say lease option I'm not stuck on that stra...
I cannot seem to find my answer online and I want to have some knowledge on the issue before i reach out to a mortgage loan officer. Two months ago I purchased my first duplex (house hack!) and I received a convention...
"Homeownership remains out of reach for most renters, as the cost of housing continues to climb.Across the country, only 45% of renters on average can afford the payments on a median-priced home in their area, accordi...
Hello, there is this woman who is interested in selling her home but yet has a line of credit with a 2nd mortgage on her house for about $25k. So, my question is what loan can she apply for to pay off that LOC in orde...
BP,I am consolidating a loan on 4 properties to 1 commercial loan. (Need to get them out of seller financing deals and want to make room form more conventional mortgages) I have been proposed the following deal and ...
I have a mortgage on a property recently purchased in VA. When mortgage was sold, the new servicer strangely paid out of my escrow account both my VA real estate tax on that property and paid MD real estate tax on a ...
Hi all,I am acquiring more information about refinancing a property, any info on how it works, how long you have to wait (can it be 6 months or like years)?In my situation:I am looking to get a conventional loan 5% do...
Hi BP community, wanted to collect your thoughts and idea's to help me brainstorm hacking some finances. Was thinking about taking a 2nd mortgage on an existing rental property to cover the costs of acquiring an addit...
Hello Bigger Pockets community, I am a beginner investor that is starting to build his career in the industry by assigning houses to other investors. So I found a house in a great neighborhood (Bayonne, NJ) thats in p...
So let's say I'm buying a house that comes with two additional lots. The legal description is going to have "Random Place Lots 1-3" when I'm signing all the mortgage paperwork. If these lots have a value of say $10k a...