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Results (10000)
Maron Faulkner Debt to income ratio problems
21 June 2021 | 40 replies

Applied for a 5/5 ARM with 10% down. But I didn’t qualify due to my debt-income ratio. I already own one SFR in Boise plus my primary residence here in Portland, Oregon. So if I could figure this out, I would own a se...

Ben Hutto Financing My First Brrrr Deal
10 December 2019 | 9 replies

I’m working with three partners on our first brrrr. We were doing some homework on financing when a great deal fell into our lap. We decided to make an offer on a 4/3 single family. After a few counters, the offer was...

David Chappell Buying a House with LLC but refinancing for a rental under personal name
22 July 2024 | 9 replies

Hi, I am under contract on another property. I am either going to flip it or keep it as a rental. I am getting a hard money loan for the property under my LLC, but if I keep it I would like to refinance out of the HML...

Elijah Goodman Mortgages for Duplex's that are investment properties
19 April 2022 | 10 replies

Hi Everyone, I currently own a Duplex in Wauwatosa. This was done with an FHA loan in 2020. I refinanced out of that in 2021 thanks to the market going up so much. Which made me eligible to do another FHA loan which I...

Jean-Thierry Aleman Mortgage interest deduction when paying cash for initial purchase
20 April 2019 | 4 replies

I am about to acquire a property using cash so we can do a fast close. I am then going to finance it with standard mortgage.  I thought I could deduct the mortgage interest from the loan but read somewhere I can't do...

Zachary Martin Does price matter when considering the number of mortgages?
14 November 2014 | 3 replies

To be more specific with an example, with the "bank rule" of only lending out 4 mortgages per person, if I had $300k cash in the bank and took out a loan on 4 $40k properties, would you be done at that point bank loan...

William Watson Obtain LLC or use my name to purchase property.
1 November 2015 | 29 replies

BP , I have a question should I get a LLC when purchasing a rental property? Or should I purchase in my name. Does anyone have any knowledge in this area. Your help will be very appreciated thank you in advance.

Matthew T. Income to Debt Ratio too high
11 November 2018 | 16 replies

So I recently purchased my first investor property (single family home) which was really exciting, we got it rented quickly and the numbers are all where we want. When we had been talking to the bank originally they m...

Deuce Thevenow First Time Investor Best Loan Options for Purchase + Renovations
28 June 2020 | 10 replies

I'm a serial entrepreneur mostly in technology. I've been doing a lot of research into buying properties where I am from in Indianapolis, IN. Before getting too far ahead realizing I need to figure out the lending pro...

James K. Short Term Rental Loans
30 October 2024 | 15 replies

Hi all, I'm thinking about getting into the STR market. Just wondering about how to acquire a STR loan. I'm assuming it will be a DCSR type loan. Is there anyone who could recommend a lender? I'm based out central Mas...