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I'm looking to invest in multi-family but my DTI is pretty much at its limit. I've looked at several ways to incorporate deals but the majority of sellers want a loan from the bank. How can I continue making offers wi...
Hi Bigger Pockets team,I am looking for some advice on the business 'back-end' for my investments. I would like to lay out how it currently stands and see what more experienced investors would do in my situation.My fa...
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I am doing my 2nd cash out refi on a rental house, and the bank is telling me I have to pay $450 rate lock fee, which I said I don’t want if there is a fee with it. They claim this fee has to be charged whether I wan...
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Hi everyone at BP! I'm Steve, currently self-employed, but looking to expand into real estate for some stability. In my current line of work(DirecTv), I am constantly fighting off the state trying to classify subcon...
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Hello Everyone!
I am going to be buying a multi-family home to house hack. I spoke with a loan officer and am in the process of being preapproved for a loan, but I have some concerns to resolve before moving forward...
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The primary home is on me and soon to be ex wife. I plan to move on buy a new home and my current frannie freddie lenders wouldn't lend while a home on my name is in forbearance. I have few rentals that are cash-flowi...
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Full disclosure: I am very, very new to all this. I follow the basic rules: buy 1%+ properties, have significant cash reserves, etc. etc. So far I have 2 rentals that have been doing great and are absolute cash cows.
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conventional mortgage(530k left in principal) refinancing on primary residence, currently at 3.75%, offerd at 3.37%, 2500 closing cost will be added in mortgage, so after recouping in 11 months I can get discount of...
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My husband, daughter and I are looking to move to Minneapolis spring 2017 and house hack a duplex with at least 3 beds or a single family home with a basement or attic to rent out.
We are looking in the Coon Rapids a...
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I have ran into an interesting financing situation and I know that this community will help me like they have so many times before. My wife and I recently moved to Pittsburgh and we decided we wanted to rent for a y...