Existing Rental Income For Qualifying Income For A Mortgage All Locations : Advice

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Thomaspaul.r…, Home Buyer in Miami, FL
Thomaspaul.roman asked:
Mortgage for low credit score I'm going to be in the market very soon for a home, FHA would be perfect but I'm willing to find a ...
0 votes Share Flag Earlier today Credit Score in Miami
Home Seeker, Other/Just Looking in Los Angeles, CA
Home Seeker asked:
Buy now or wait? We have been looking at houses in Silverlake and Los Feliz. I've been shocked how little inventory there is and how high prices still are. With interest rates eventually going up, ...
0 votes Share Flag Fri Apr 17, 2015 Home Buying in 90039
Kristaschnei…, Home Buyer in Sykesville, MD
Kristaschneider asked:
Are there lenders in Colorado that do not require two years of rental income to qualify for a mortgage? ... We are moving from Maryland and want to rent our home and buy a home in Colorado.
0 votes Share Flag Tue Mar 17, 2015 Home Buying in Castle Rock
Amy, Other/Just Looking in Outside U.S.
Amy asked:
How long after bankruptcy can you buy another home? I was discharged back in feb of 2010. I currently have a home, but my family has grown and we need more spac ...
0 votes Share Flag Tue Mar 10, 2015 Home Buying in Jacksonville
Elizabeth Ann…, Home Owner in Temecula, CA
Elizabeth Ann Maldonado asked:
Do I qualify? buying a second property using the equity in my first home as down payment. I want to acquire a second property, rent one of them and live in the other. I h ... equity. My biggest concern is qualifying for two mortgage payments. My questions are..1/ Is there a way ...
0 votes Share Flag Wed Mar 4, 2015 Investment Properties in 92591
Global123321, Home Owner in 91791
Global123321 asked:
I want to know if the Wells Fargo 3 step program is too good to be true ? A WF rep called me offered to refinance at 1.13% lower than where I am at now. Also there is no closing c ...
0 votes Share Flag Mon Jan 19, 2015 Financing in 91791
Bravo, Real Estate Pro in Irvine, CA
Bravo asked:
My husband and I make abour 200k-220k./year. No children. We have a four bedroom house in Moreno Valley wh ... My husband and I make abour 200k-220k./year. No children. We have a four bedroom house in Moreno Valley wh ...
0 votes Share Flag Sat Nov 15, 2014 Market Conditions in Irvine
ssanthan, Home Buyer in Sunnyvale, CA
ssanthan asked:
Should i Sell my home or Rent it? Here are the detailsI own a town home in good part of Sunnyvale(94089) with not ... fremont for schools, so i have to decide if i need to keep this as rental or sell it now. If i sell it now ...
0 votes Share Flag Mon Oct 20, 2014 Home Buying in 94089
jogatatqm, Home Buyer in Houston, TX
jogatatqm asked:
i have 610 in my credit score, i am paying rent for 1,000 now, i am on my second year at the same company, ... i need a house with 4 bedroom and 3 bath, single family, around 77069, do i have chances ? o better wait till ...
0 votes Share Flag Fri Oct 10, 2014 Home Buying in 77069
Ed, Home Buyer in Anchorage, AK
Ed asked:
If both mortgages are covered between my income and rental income am I likely/unlikely to get approved? ... Currently, I am looking to purchase a duplex (to live in/rent other side). In a few years I will have to l ...
0 votes Share Flag Sun Aug 3, 2014 Financing in Anchorage
Bobby K., Home Owner in Aurora, CO
Bobby K. asked:
Thinking of buying a new home. Should I sell and buy new home or rent current and buy new home.? Due to the market recently, we finally had enough equity to refi last year and t ... if we should sell our home or rent it out and just buy a new home. I was thinking we should hold on ...
0 votes Share Flag Wed Jul 16, 2014 Home Buying in 80016
Andrew, Home Buyer in Denver, CO
Andrew asked:
what is fannie mae's HOMEPATH RENOVATION MORTGAGE FINANCING? what does it take to qualify? what kind/extent of renovation is covered?
0 votes Share Flag Sun May 25, 2014 Financing in Denver
jasonboyer99, Home Buyer in Fort Lauderdale, FL
jasonboyer99 asked:
I'm trying to get a mortgage as (newly) self employed. Any advice? Hi, I'm interested in a multi-family property. I have excellent credit and could ... and was told that I would need 2 years of history as self employed in order to qualify for a mortgage ...
0 votes Share Flag Fri Feb 28, 2014 Financing in Fort Lauderdale
Vatanya Payne, Renter in
Vatanya Payne asked:
is it hard to be financed to buy a home with really no credit? credit was always in my kids father name and never really mine so now that he ha ... income which is really not a whole lot i could probable do HUD. this is what ive heard so how true that ...
0 votes Share Flag Mon Feb 24, 2014 Home Buying in Carrollton
Primus, Both Buyer and Seller in Irving, TX
Primus asked:
Closing costs - Converting from 15 to 30 yr loan I plan to rent my current house (La Villita twnhm) after (end of the year) buyin ... home buyers?ex: Step1 - start with pre-qualifying before shopping for a home loanStep 2 - how ...
0 votes Share Flag Mon Feb 24, 2014 Financing in Irving
Zeus, Home Buyer in Raleigh, NC
Zeus asked:
If I have a home currently being rented out, but need to get it off of my books in order to buy a home wher ... We have a home in the Hedingham community that we need to get off of our books ASAP. Is it possible to find s ...
0 votes Share Flag Tue Jan 14, 2014 Investment Properties in Raleigh
Rdotgdot, Both Buyer and Seller in 48103
Rdotgdot asked:
Do I really have to rent my condo for 2 full years before a lender will consider this income in regards t ... Hi everyone. I currently own a very nice condo in an ultimately failed rental-t ... this income can be considered for obtaining a new loan? ...
0 votes Share Flag Sat Dec 28, 2013 Financing in 48103
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