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Hi! BP community! Anyone of you had an experience dealing with VA Streamline Program? What would be advantage and disadvantage of this program?
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I’m currently self employed and have two rentals that were BRRRR’s.... my bank won’t refi again and my DTI is too high apparently for another property. (I have a car note of 13k. I offered to pay this off but they say...
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I need some input from mortgage pros :) I've run into this situation a couple times and haven't found a solid answer. Here's the scenario...We have a married couple who's interested in purchasing one of our houses. Th...
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Hi everyone,
I've been in my home for 3 years now and I'm looking to purchase a new home and convert my current property to a long term rental. I purchased my house using a conventional loan in 2021. Is there any ...
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Hey Everybody,
I can't believe I am doing this, I have been listening to the Bigger Pockets podcast for a while and really need some advice.
My 88-year-old father took out a reverse mortgage back in 2008 (why did ...
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Hi BP!
May have just found a perfect rental in my area but had a quick question regarding the financing (am calling my mortgage specialist tomorrow!).
Long story short....purchase price is 135k and is a...
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Has anyone paid cash for a rental property then turned right around and gotten a mortgage at 80/20? So if I have an opportunity for a deal that makes sense on the numbers but only if I offer a quick close. I can pay c...
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Good Morning Biggerpockets!It has been ages... too many times over the years have I popped up in here full of gusto to have plans and finances change forcing me to back out of investing notions for a while. I told m...
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I’ve got a strong credit score. And I’ve got a total of six doors. But I can’t seem to qualify for an additional property due to my debt to income ratio. I’ve owned all but one of these properties for more than 15 yea...
I don't consider myself a RE Inv. but by accident, I have two paid off rental homes. How should I use them to grow my RE portfolio? Should I do a home equity loan, a HELOC, or both to leverage them and use the equity ...