Happy Tuesday!  Debt-to-income ratios are one of the main factors when qualifying a buyer for a mortgage. When I started in the business, they used to tell us we could go to 28% on the front end (Principal, Interest, Taxes, and Insurance) and 36% on the back end (all other bills, credit cards, car payments, […]

I had a client come to me yesterday who is living in a condo, and they want to move up and purchase a house. The problem is that the hubby works under the table in a cash business and does not show income on his taxes. When they bought the condo, the wife had to […]

Slow holiday weekends are usually the norm, but this holiday weekend was mainly about Bridge Loans. Please understand that Bridge Loans do not have any income qualifications! That means I don’t care if you are self-employed, unemployed, on disability, or anything else. The Bridge loan does not have any income qualifications!!!   On the other […]

As interest rates gradually decline, we anticipate a renewed wave of investor activity in the market, particularly for buy-and-hold properties. While negative cash flow can be daunting for investors, it’s essential to understand that this alone shouldn’t deter a purchase. There are several compelling reasons why holding onto a departing residence or acquiring a property […]

I spoke with one of my insurance friends last night and asked for a favor to get a file funded today. He went above and beyond to make that happen and came through. We also needed an escrow company to pull some strings, and thank goodness the listing agent has a good Escrow officer who […]