Hello to all, I’m recently got into escrow on my very first investment property and when going through all of the fees to close I came across a “lock in rate” fee which is to lock in the 6.125% interest rate at a whop...
I have a multifamily property that I have made a lot of improvements to since it was purchased 1 year ago. I own it with a family member in an LLC. This person insists on getting a HELOC and their reason for it is bec...
I currently own a rental home that still has about $60k on the mortgage (off $100k) value; I'd like to add my son's name to the mortgage so that he might be able to use some of the equity on a payment for his own home...
I have a new CPA that is struggling to allow me to use the tax shelter from owning properties that have "Unqualified" debt. Maybe a partner signed for the bank debt or I took a property subject to that disqualified ...
I started looking into refinancing the mortgages on my investment properties- no cash out refinancing given that interest rates are low; my interest rates are b/t 4.75-5.25%. It seems that closing costs are too prohi...
Ok BP mortgage people, I have a buyer for my 2 family, the mortgage is assumable at 5% with a balance of $114k with 18 yrs left on it. I am asking $289k...my question is, how does the buyer make up the balance ? Is th...
I live in an area where townhouses are very popular. However, I have come across an opportunity to buy a townhouse for $74,000 that appraises for $115,000 & rents for $900 monthly. I currently own zero rental prop...
Good evening, everyone. My name is Dan Bottiglieri, I'm currently a sophomore in college majoring in finance and accounting, but of course my main goal is to invest in real estate full time eventually. I plan on get...
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...
What are some mortgage loans that I could potentially qualify for with a small income? So i have an awesome lender helping me out but I was told I could only potentially get approved for mid $200,000! My income of $30...