All Forum Posts by: Jonathan Soto

congrats on the first step. without mortgage and rent roll tough tto judge it. but 10% no pmi is awesome. i'm in morris county too. lets connect 

congrats on taking the leap. do you know which areas you would like to purchase? i noticed ny, nj and ct but do you have an idea which counties or cities. may be i can help 

hey trevor you can do 2 family with 15% down. the 3 and 4 units goes up to 25% down. this is your home ready loan under conventional

there are different loan programs under conventional.  the home Possible loan does do 5% down on multi (2-4 units). this one little tougher to qualify. ill send you a message to connect 

get estimates from a few contractors regarding the repair. depending how bad it is then you can request concession from seller. they most likely will only agree to partial of the expense if any. are there any other big ticket items?

if you live in the home it will be primary policy with renters coverage. which is normally cheaper than if it was only tenants living in the home. for the security you'll need to deposit either in a money market fund or an interest-bearing bank account. 

congrats!!

Welcome! love it

lets connect. would love to share any knowledge to help on your journey

is this owner occupied? do you live in the 3rd unit? rent control may be exempt if owner occupied. check with local law.

they may have what is called itin number if they are not a permanent resident

for verification of employment you normally need authorization from tenant with signature. look at bank statements to see if deposit matches paystub.

i also agree with above, google and find numbers online.