Refinance a jumbo loan

We own a duplex on 19 acres in South Dakota and we want to refinance. Duplex and land worth $1.4million and we want to borrow $1million to purchase new development land. Our current loan is a jumbo and ...

Buying property in the US from overseas

I am a US Expat working in Manila, Philippines. I was born in California and I would want to invest in properties there before I retire. I want to know the steps on getting a mortgage given my situation...

can I refi with a 580 credit score? I was fighting a bad back problem. M...

Best friend wants me to buy his rental property

My best friend wants to get out of his rental property since he’s in debt and with bad credit. He has equity but the money he’ll get after paying the loan and closing costs after selling is not wort...

Cash out refinance turned down

My business partner and I purchased a two-family rental property using seller financing last year. We are in an LLC and it’s a 50/50 split. I planned on getting a cash-out refinance but was turned dow...

Best bank for real estate investing

I am a veteran and just recently put up my L.L.C. for my real estate investing business. I focus on rental properties and I am having a hard time choosing which bank to use. I am thinking of Navy Federa...

Mortgage for rental property

I live in Michigan and I’m looking for a mortgage on a rental property. Will I have a better chance at approval if I show the lender what the property will earn in rentals? Will I qualify for better t...

Commercial loan for multi unit properties?

I am in the market for small multi-family units in the $200k to $400k range. I am self-employed and working as a broker for the past 10 years with income going up and down coming from commissions. Shoul...

Buying out of state property

Hello, my wife and I are planning to purchase our first out-of-state investment property in Kansas City. We are looking for local lenders in the area to help us with our single-family or multi-family pr...

Cash out refinance qualifications?

I own an investment property worth $500k and owe $314k. I’ve had the property for the past 11 years. I have good credit scores but my last several years have been low since I left a W2 job. Can I qual...

Do I sell and payoff mortgage?

I just inherited a home in Louisiana but there seems to be a mold problem due to flooding in the area. My dad wasn’t able to address the problem because he was already going in and out of the hospital...

Can't afford 20% down

Hi everyone, I plan to buy my first home but I can’t afford a down payment. I’ve heard about 0% down loans with monthly payments that are higher than loans with a traditional 20% down. Do I pay my c...

HELOC without formal appraisal

I am starting an AirBNB rental business and would like to use my home equity to fund it. My home is valued at $350k and I need to close a deal on the property I am eyeing because the owner is leaving fo...

Cash out refinance for home improvement

We own a beautiful rustic home that we plan to live in until we retire. Living in Florida is all worth it but we are looking at a pretty expensive remodel to build the retirement home of our dreams. We ...

Reverse mortgage to get inheritance

Hello everyone, I would like to get feedback regarding my parent’s situation. They are both 65 years old and they plan to get a reverse mortgage on their home. They have a 780 credit score and own th...