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Hello,With the current pandemic it's been a struggle finding the right lending. Last year I bought a mixed use property 5 units on the main access road to Mt Snow Ski Resort. I am looking for about 30,000 - $40,000 in...
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Freddie Mac’s website explains the Homepossible mortgage as “A responsible, low down payment mortgage option for first-time homebuyers and low- and moderate income borrowers”. What Freddie fails to explain is how gr...
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Hello awesome BPsI have got my pre-approval and I am qualified for the higher amount. My DTI is small that the lender has said I don't have to provide the rental information on my current house. Apologies if the follo...
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Hello,
I'm moving out of my primary residence on which I have a residential mortgage in my name to another house that will become my new primary. I plan to rent my current house, so I asked the bank if I can put it...
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I am interested in locating data on what is owed on a mortgage particularly for houses in distress or about to go into foreclosure. Are there websites that have accurate information? Thank you.
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I am about to purchase a SFH that cash flows just a bit with 35%-40% down.Moving forward, I am deliberating between 2 strategies regarding paying down the mortgage (6.85%) and would love to hear more experienced peopl...
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Hi everyone,
I've recently got a bank owned two unit duplex under contract in Gulf Shores Alabama. Plan is to occupy one unit as a vacation/second home and rent out the other unit as a short term rental.
All the len...
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What else should I say I buy rental properties and I dont know what the go to answer for this topic would be, cheers and thanks a-bunch
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Hi BiggerPockets people! I currently own a 2/2 condo that I have rented to a buddy for about a year while I have been renting *shudder* a house. Both of our leases are up in about 6 months and my plan is to buy anot...
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I was at a foreclosure auction today and it was for the second mortgage. Can someone explain to me how that works in Massachusetts. The auctioneer said if I buy it today, I will have to pay the first mortgage of...