Carolina Mortgage Insights with Paul Mattos
How Many Mortgages Can You Have?
There is no universal limit on how many mortgages you can have, but conventional guidelines, reserves, debt-to-income ratios, rental income, and lender requirements can limit your options. Learn how investors finance multiple rental properties and what happens after reaching 10 financed properties.
Can You Use Rental Income to Qualify?
Rental income may help you qualify for a mortgage, but lenders typically use specific calculations and documentation rather than simply accepting the full rent. Learn how income from existing rentals, new investment properties, house hacking, departing residences, short-term rentals, and DSCR loans may be treated.
What Is Cash Flow in Real Estate?
Cash flow is the money remaining after a rental property’s income and expenses are calculated. Learn how to estimate rental-property cash flow, which costs to include, how financing affects the numbers, and why DSCR and mortgage qualification are not the same as actual profit.
Rate-and-Term Refinance Explained
A rate-and-term refinance replaces your current mortgage to change its interest rate, repayment term or loan program without taking substantial cash out. Learn how costs, equity, appraisals and break-even timing affect the decision.