My wife and I are under contract to buy a home. We plan to do a live in renovation with the intent of making it a rental (selling only as a plan B). The future plan includes buying another home, possibly fixing it u...
Hey out there,Canadian investor living in California and looking to buy a personal residence. I have been here for 2 years and am having some trouble finding a bank that is willing to set up a mortgage with me and m...
My partner and I put in an offer on an investment property yesterday. We had gotten pre-approval for an conventional investment mortgage. Well, after putting in the offer, I found out that for this type of mortgage gi...
Hello BP!
I have been receiving letters informing me that my "VA guaranteed loan has been tagged for inclusion in our VA IRRRL program".
I called the number on one of the letters (I've received many), an...
Hello Forum!I am a long time lurker, first time poster! A quick intro first. I live in California and have been renting for a while. My main interest is to buy a handful of properties, live in one and rent a couple ou...
I found an 8 plex with a decent cash flow. It is actually 2, 4 plex buildings on separate tax lots (right next to each other). I have 3 live-in rehabs under my belt and 2 rentals but figured it was time to go to the n...
We've just completed our second out-of-state rental purchase and with the recent rate cut our lender suggested a re-finance on our primary residence (he's hustling for money, good for him I guess. lol). That should be...
I have my first deal under contract and after being pre-qualified with plenty of income and zero debt, I may have hit a roadblock 3 weeks before closing. I went through a divorce where my ex thought it would be a good...
Hi there,
I am looking to secure preapproval to purchase somewhere in California, or possibly Florida. Would anyone recommend a great mortgage lender?
Thank you,Paulette
We are all aware that the GSE’s Fannie Mae and Freddie Mac buy a large share of mortgages. This is believed to help put liquidity into the home buying process by taking these loans off the books of banks and mtg compa...