Christina Hall
STR pay-off or keep going
We just purchased our 2nd STR and our 1st is a total cash cow. We have enough cash to pay off the mortgage on that 1st property and cash flow even more OR continue to invest that money into more of the same asset clas...
Manan Shah
Mortgage refinancing advice
Hello,I have a rental property in NJ where majority of the mortgage is paid back and about $35K is pending on a $550K house. The problem I have is that I took a 7 year ARM at 3.5% interest which expired last year. The...
Richard Howell
Private mortgage lent from your Solo 401k
Doing a private mortgage out of my solo401k for someone's new purchase of their primary residence. Can I do the mortgage amount higher than the purchase price in order to escrow money for home improvements on the pro...
Julio Vazquez
Trying to get a loan with a late payment on previous loan.
I am in the process of trying to buy another property. The problem that I am having is that 4 months ago I had switched banks but continued to pay my mortgage from the old account. I realized the issue and caught up ...
Carole Murry
Commercial Mortgage Qualification
I can’t reach my mortgage agent due to the holiday weekend. I’ve been in negotiations to purchase a commercial property with a reluctant seller for some time now. He’s finally agreed on a sale price which is $25k high...
Ersin Eren
Loan Qualification for Self Employed
I am self employed and my past 2 years tax income is average 25K and wanted to invest in 4 unit which cost around 700K. I talk to mortgage broker and he says ;you can typically borrow 4 X’s the annual income you repor...
Michael Newman
Private Money to Seller Financing?
Is it possible to have a hard money loan and seller financing at the same time? Does this cause conflict? I have no credit, will this be possible?
Vamsi Peddinti
Any recommendations for Commercial Multi-Family Loan of $700K
We are looking for lenders for Commercial Multi-Family Mortgage for $700K. Our down payment is 30-40%. Please suggest lenders for a 20yr or 30yr fixed loan.
Jeremiah Trapp
Debt to Income Ratio - counting my LLC debt, but not the income
Hello BiggerPocketers,I am applying for a VA loan to purchase a home (going on title 10 - active orders to Airforce Base).The Veterans United Loan Officer gathered information about all my income and debts. My spouse...
Ashana Singhania
Advised by an accountant on tax deduction - not sure if its true?
I bought my first rental property and moved it under an LLC. The mortgage is in my individual name. Suggestion Received - Create a loan agreement between myself and LLC for downpayment and furnishing costs. Deduct tha...