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Hi Everyone! Happy Friday!
Question about a HELOC:
My husband and I currently own 2 duplexes and have a triplex under contract. We are using a conventional loan to cover 80% of the deal. For the remaining 20% + cl...
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How many Fannie Mae backed loans can you have? I got a call last week from a local bank who holds some of my mortgages and they said they could now do up to 20 Fannie Mae backed loans on fixed notes. The only restri...
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Hi, I have a small mixed-use property under contract and am talking with a bank for financing. I have some questions. Any help is much appreciated! 1. What would be a good interest rate for a small commercial prope...
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Hi everyone,Sorry if the answer is obvious, but I looked around everywhere and I can't seem to find the answer anywhere. I currently went under contract for my first house and I will be using the first time home buye...
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Hello, I was hoping to get some clarification on refinancing with a conventional mortgage. I understand that banks will usually refi up to 75% or 80% LTV, but I have a question about the seasoning period. Is it true ...
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Hello,I had two properties under my name that I transferred to an LLC where I own 20% interest. This is screwing my DTI when trying to purchase a new home as my homestead because all the debt is in my personal report ...
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Hello BP,I'm wondering if the amount of PMI is decreased the closer you get to a 20% down payment? OR is it pretty black and white... you either put 20% down or not.Thank you
Hello, I am looking for recommendations on refinancing a VA home loan.
In 2010, using a VA home loan, I purchased a single-family home in Elizabethtown, Kentucky for $168,450 and currently owe $144,256. The loan is a...
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Sorry for the long post but I am 32 years old and looking for some advice on next moves. I currently have 6 doors; 5 rental 1 primary:-$280K single family home in North East Austin with $177K loan balance, cash flow $...
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Have $80,000 in student loan debt. Around $700 monthly debt payments for everything. Making $50,000-$55,000 a year right now. Have $60,000 saved for down payment, closing costs and rehab work for a 2-4 family. Would b...