I was curious about this company who is offering me 80,000-100,000 from a line of credit. My fee would be $8-9k which would be taken from the backend. So basically,they would approve me based on my credit score. Then ...
I doubt anyone has questioned this in the forum before. I couldn't find the answer, so I'll pose it here.How did society allow mortgage companies to evolve a strategy whereby mortgages all have front-loaded interest p...
Hi EveryoneI am trying to maximize self employed tax deductions while only deducting expenses that can be later be rolled back into my income by lenders. I know it is a balancing act for self employed people. So far I...
I am purchasing a New Construction home in South Florida that will be complete in August 2019. I have already been pre-approved for a Conventional 30 year Jumbo Mortgage but I am looking to attack and pay off this hom...
I have a rental property that used to be our primary residence. We used a HELOC on that property for a down payment and some renovations ($285k) on our now current primary residence.Our rental property has a 2.99% rat...
Hi. I searched the Stessa forums and couldn't find an appropriate answer so thought I'd try here. I use Stessa for my STR accounting and am pretty happy with it overall for what it is and the value I get. One thing...
I’m wondering if it’s possible to get a loan from my 401k to actually rent a home rather than buying
Just perusing Catalyist and came across a 56 unit garden apartment deal in a solid area and the deal mentions the ability to assume the debt vs the early payoff fee on the current debt. Can anyone elaborate on the spe...
Hi All,I wanted to get your professional opinion on this property that I'm thinking about putting in an offer on. This quite possibly may be my first commercial property deal, and I'm just a bit nervous about pulling ...
I have a client seeking an owner occupied short term mortgage (12 months) that doesn't require a min credit score. The husband's score is around 475-500 and the wife's is around 550. The husband was ill and they fel...