Jimmy Lieu
Help getting a pre-approval with a 1099 job?
Hello BP community,I recently just road-tripped from Portland, Oregon to Columbus, Ohio to start building my real estate portfolio here. However, I've just come across a huge hurdle. I received my job letter and it's ...
Aaron Ford
Reverse Mortgage -creative finance/wholesale help!
Weird situation any help is much appreciated.House is worth 495k. No rehab needed nothing is needed at all. Heres the hard part im having trouble with helping them.-Taxes are up to date-They have a reverse mortgage th...
Wade Wisner
DCRS Loans and How they Work?
I have never done a DCRS loan and have little knowledge of how they work and in what situations they can be used. Can anyone out these describe them to me with limitations/advantages to having one? Thanks
Joe Edwards-Hoff
Confirm- FHA is highest allowed DTI @ 50%?
I just wanted to see if anyone can confirm this as being the most up-to-date information. FHA would allow a 50% DTI, and that is the highest option as far as DTI goes? I'm really borderline with a purchase I was looki...
Christopher Wynn
Hard money loan to FHA
Is it possible to refinance a Hard money loan into a FHA loan?I'd love to hear anyones feedback on this or another strategy that does work. Thank you!
Seth Domoto
Re-Financing Out of a Private Mortgage
I have a private loan from a family member for a REO property I purchased 6 years ago as an owner-occupant. The loan is for $120k with 3% interest only payments each month. The loan terms call for me to re-pay the $...
Sam Doyle
Rental property in schedule E counting against me w/ conventional loan, any options?
Hi all,
Have a weird situation where I recently purchased a rental property 1 year ago and am looking for a new loan on a new property. I have great credit and W2 income to purchase a property before even adding my r...
John Gavin
Whats your advice?
I wanted to get some other opinions on my current situation. My partner and I currently have 4 townhomes paid off in cash and are currently trying to find the best way to get more properties without putting more of ou...
William Harris
I’m refinancing my primary residence, can I rent immediately?
Good evening,
I’m currently in the process of refinancing my home as primary residence in Maryland ( closing Is weeks away). My goal after closing is to immediately file taxes and file my home as a rental property. ...
Charlie MacPherson
Working equestrian property - residential? Commercial?
I'm working to sell an equestrian property in a very high priced town in the Boston, MA area. Gorgeous colonial home, 10 acres, 25 stalls renting at $1,000/month each plus a guest house renting at $2000/month, plus o...