My brother is interested in selling his house to me, however, I’d like to keep the existing 2.9% interest rate on his mortgage. I’m wondering how I can do this without having his loan be called due. I heard this may b...
I'm seeking a $150k mortgage having a 3 year work gap (ending this week when i start my new job).840 credit score with cash to buy the house many times over.Engineer for 25 years, took the last 3 years off (intentiona...
With current interest rates, are people generally seeing an increase in subject to arrangements (even if just anecdotally)? What are some key considerations when buying using subject to and what should be avoided or i...
Hello,I have a question on a scenario:From what I am aware on QM loans, what matters is my credit score (history of paying debt service), my income (W2/DTI), my rental property income (2-years), and cash reserves. Let...
I had someone approach me about Subject To. I know be very little about this, so figured it’d be easier to ask BP instead of burning an hour of research to find the answer Are you able to sell a property a few years i...
Hello! I was talking to a seller about possibly purchasing his property. He said he's ready to sell but he owes about $100K in taxes. Can anyone give some guidance on how I may be able to help and purchase the property?
Hello biggerpocket members,Me and my wife are still relatively inexperienced in the world of Real Estate investing. I considered my self a conservative guy and my strategy is to buy and hold. I have one rental (renta...
I bid on what turned out to be a a 2nd mortgage in Ohio. The house is worth around $300k. I paid 258K at auction. Looking through the court records I can see that the 2nd mortgage was awarded ~100k. There are around ~...
So after reading about snowballing to payoff mortgages, Im curious if you would in my situation. I have 7 paid off rental properties grossing me $4800/mo. I have my main residence with $200k and 10 years left and a va...
Hi All,I'm in contract on a building and looking to find a broker - please do not contact me directly or post contact information here. I'm just wondering how can i search and find brokers that can help me in my semi...