William A.
Can I get a mortgage for just 25,000 or less?
I found a property I am interested in purchasing. I would rather not pay cash. Can I get a mortgage for less than 25K, or does it have to be a minimum amount to be worth a lender's time and money?
Eddie Ziv
What is the maximum mortgages allowed by Fannie and Freddie?
I need an educated answer (As oppose to an urban legend)...
We all know that after the debacle, Fannie and Freddie went from 10 maximum allowed mortgages down to 4. Then Fannie went back to 10 mortgages allowed. Now I...
Bruce Martin
Pay off mortgage or save the money for next deal?
Hello everyone,I know this is the all too common question that depends on one's strategy and tolerance for risk but I am still uncertain about which way to go forward. I have a townhouse that is cash flowing and I ha...
Andre Alves
High debt to income ratio- need a mortgage or HELOC
I have been investing in RE for the past 3 years now. It’s been a great journey! However, I’m stuck now.
My debt to income is high and I can’t get any new loans.
I currently have 2 properties in Orlando Florida, fre...
Blake Shaw
Quit Claim w/ Mortgage -- but what to list on insurance?!
Hey everyone,Just joined BiggerPockets. Question for the experts here:I quit claimed my house to an LLC without notifying the mortgage company (the traditional advice). But since I'm changing my primary home to a full...
John Thedford
Wrote Another Mortgage-12% Plus 4 Points-NO TENANT HEADACHES
For those contemplating alternate investments, I highly recommend considering hard money lending. I started in 2012 with little knowledge or information. At that time we didn't have Dodd-Frank to be concerned with. Fo...
Julia Tse
Have anyone invested in mortgage note in EquityBuild Finance LLC?
I constantly received email from EBF for mortgage note investment, with 12-19% returns...Does anyone invested in their note before?Thanks,Julia
Jennifer Anderson
Father died and left 250k home with 115k reverse mortgage.
A friend of mine inherited her family home when her father passed. There is a reverse mortgage balance of $116,000. The home is in a desirable area and in average condition, currently worth approximately $240,000. ...
Anthony Richards
Getting a mortgage on properties purchased on a personal loan?
My friend owns about 7 properties in Rochester, NY that he purchased through a variety of personal loans.To my understanding, he can’t refinance his properties (or can he?) because he doesn’t have a conventional loan ...
Ryan Jones
Buy and Hold ~ $50k property. Do lenders loan small mortgages?
To at least achieve the 1% rule, I'm looking in areas of the country where $50k properties bring in at least $500/month; $100k properties at least $1,000/month, etc. If I find a good $50k property and put 20% down, w...