Karthik Natarajan
Financing a LLC rental property purchase
My lender mentioned that he can do a home mortgage only on my personal name and not on the LLC name. The deed had to be in my name. Once the purchase was complete he asked me to change the deed name to LLC.
Is this ...
James Hunt
Best Buy & Hold Hard Money Lender
Wasn't able to refi with bank. Any idea regarding hard money lenders who deal with buy & holds???
Owen Concaugh
Mortgage Pre-Approval for a House Hack
Hello all,Long time listener and reader of bigger pockets content, but first time poster here. Apologies if this belongs in another forum. I am 24 and looking to buy a multi family to house hack within the next year u...
Damian LoBasso
New Jersey (NJ) Hard Money Lenders
Good Morning everyone,
I wanted to ask if anyone can recommend a solid hard money lender in New Jersey (North Jersey to be specific) that they've worked with and have good experience with.
If anyone has a suggestion...
Ken Sanders
Applying for Mortgage: 2012 income was low -- File extension to "avoid" year???
I'm looking to purchase a home with a conventional mortgage in a few months. My income for 2010 and 2011 were very good and 2013 will be my best year yet, however 2012 wasn't good at all. I'm debating whether or not t...
Jerry D.
Cash out vs Heloc vs do nothing advice on financing
I am at a crossroads and need some advice.
My goal is to have enough income from my rentals to quit my job and manage full time. I think I am about 7-10 more houses away from acheiving this goal. Currently I have 9 re...
Michael Kaminski
Closing on new primary home before current home sells how to avoid dti issues
Currently looking at closing on a new home in november/december and do not anticipate selling ours for a month or two after we move. Playing with some DTI calculators I’ll be hovering around 50%. My plan was to recast...
N/A N/A
Refinancing question
I have a question (I will be using fake numbers), say I bought a property at 100,000 and put some rehabbing work in. I only had 10% (10,000) at closing so I needed a 80/10/10 loan, loan value = 100,000-10,000=90k
So ...
Stephen Torti
Loan for 0 down
Hey, Providence / Rhode Island / Massachusetts REI! Looking for a little advice, my partner and I have our outlined plan for the start of 2017 below but we ran into a road-block. 1. I will qualify for a good traditi...
Samuel Williams
Timing: When to get loan pre-approval
My wife and I will be moving to a new town around the beginning of 2022, where we will both be starting new jobs. As part of this transition we plan to buy a multi family property to house hack, living in one unit. My...