Marky Suazo
First-time home buyers searching for agent & mortgage lender
Hi everyone:my girlfriend and I are first-time home-buyers interested in purchasing a multi-family home. We are currently looking for a good real- estate agent to work with. We are also for a mortgage lender to work w...
Nick Bleser
Should we buy a multifamily with an adjustable rate mortgage?
Hi folks!There is a property available in my town that is 3-4plex's. It's listed for $600,000 and could bring in $84,000 in gross income. After our best estimation with the info we have available we believe it could c...
Sam Mathew
Any idea why Costco shut down their mortgage lending services?
Costco shut down their mortgage lending services earlier this year without warning. It was conventional lenders providing their best rates but Costo capped their lender fees at $250 per loan, which was incredible. S...
Cody Cook
Exp working w/ Chase Mortgage for loan? - Sapphire Reserve Bonus
Anyone have experience working directly with Chase bank for getting a loan? They are offering 100,000 points for sapphire reserve card holders:https://www.chase.com/personal/home-lending/mortga... I've always used bro...
Amir Navabpour
Canceling home owners policy for homes owned without a mortgage
I have owned rentals for about 7 years and in that time I have put in a few claims. Seems like no matter what the issue is they reject it. eBay even told me after the last one that putting in claims will increase my p...
Anthony Webster
Financing Dilemma - How to qualify for a new primary mortgage?
Financing dilemma - How to qualify for a new primary mortgage when you have rental properties financed?
As you get more rental properties, your income increases, but you still have to deal with DTI ratios. Let's say ...
Joe Fermin
typical down payment for a mortgage on an investment property
evening all. went to speak to a local bank today regarding a potential mortgage on an investment property. we have our primary home and an occupied rental. they said that the minimum down payment for another home w...
Tiffini Johnson
Subject To deals taking over the existing mortgage payments offer
Hey, does anyone have a contract for a "subject to" deal and/or can advise on how to present a "subject to" offer to a seller? Meaning I will be taking over the sellers mortgage payments "Subject to " the existing mo...
Charles Hathcock
DTI is too high with 2 mortgages in my name
Hello, We have 2 homes so far, one is rented out and we live in the other. Both are FHA as the bank said it was legal since we lived in the first home for more than a year. My problem is that my credit score has tan...
Vik John
Finance a Non-warrantable condo through with Adjustable rate mortgage ?
Hello Everyone,
Currently I am in process of buying my first Invesment property ( a Condo, 1 br, 2 baths for $148000, HOA is $170 pm) which is located at a very good location. My goal is hold the property for a long ...