I had renters destroy my property and I'm having trouble finding and understanding where to go for a loan to get it back up and renting. My husband is in Medical Residency and our high DTI has prevented us from gettin...
I am in the middle of a transaction where I am selling my condo, however I just found out our complex's insurance had changed recently and does not cover 100% of replacement costs due to a recent claim (last year). Th...
Hey everyone,
Currently looking to do my first investment property. Speaking to some co workers they are informing me that my biggest hurdle would be receiving a loan. Not necessarily a loan for my first property, bu...
Hello All,Can someone tell me how to get a loan on a property that is paid off? I called several banks this morning and I was told that I cannot refi or get a HELOC on a rental property. Any advice? Any bank recommend...
Currently under contract on a condo in Aurora, Colorado. The conventional loan is at risk of falling through due to the condo association review regarding the owner occupancy ratio. I should have researched this are...
Do mortgage companies every look at anything past DTI when prequalifying a buyer? every where i go all they look at is my DTI, but my stratagies/investments/savings stratagies are not normal in the since that i dont h...
Hello! Is having good credit important in investing or can you get by with ok credit? Also where can I get credit repair?
Both my private lender and myself are new to private money loans. What is the normal or recommended way to document the loan so that both the lender and the lendee (me) are covered? Is it a promissory note or...? I...
I see so many different methodologies that it's difficult to identify which makes the most financial and situational sense. So here goes...
I've got about 10K cash, excellent fico, great DTI. I earn about 80k betwee...
So I just won a house on Hudson and Marshall auction. The price was 206.500. The bank countered 207.600 I accepted. I am using hard money and got approved for rehab 30k plus cost of auction so im all in at 237,600....