All Forum Posts by: Mark Fein

I could be wrong but I believe most DCSR loans would still report on your personal credit. If you find a lender, I am not sure it will accomplish what you are intending.

0 Votes

Your realtor is advising you to commit mortgage fraud. You need a new realtor.

3 Votes

Fort Worth, Texas

If you are using conventional financing, a second home (vacation home) requires at least 10% down. A rental property requires 20% down.

0 Votes

Tampa, Florida

Hi Jonathan, You can finance a 4-unit with FHA financing, if you plan to occuppy one unit. The minimum down payment is 3.5% of the purchsae price. I am a lender in FL if you wanted to DM me. I would be happy to discuss it more.

0 Votes

I offer finacing on manufactured homes must be deeded real property (no lot rent) for invstors. DM me if you are interested in discussing financing options. Mark Fein, NMLS 903827

0 Votes

In your closing documents you should have an amoritzation breakdown for all of the projected payments for the 30 years of your mortgage. Compare this against your billing statement that you received from the new servicer and the numbers match, assuming you are making payments on time. If not, you have reason to be concerned.

0 Votes

Savannah, Georgia

Quote from @Zack Crouse:

Greetings,

My name is Zack Crouse and I was born and raised in Pittsburgh, PA. I currently live in Cape Coral, FL and work as a fire fighter / paramedic. I've been intrigued with real estate for as long as I can remember but was never in the position to get started, or simply did not know how. I feel like I am in the right position in life to start with my first rental. I am looking to do the BRRRR method and have all of my rentals in the Pittsburgh area. I plan on retiring from the fire department in 6 years and moving my family back to Pittsburgh. My goal is to have 10 rentals by the time we move. Any help or advice would be greatly appreciated!

Hi Zack, My name is Mark Fein. I am a lender based in SW Florida. DM me I would love to connect.

0 Votes

Real Options - https://www.myrealoptions.com/

0 Votes

Cape Coral, Florida

Alma Cue - ND Realty - 786-200-2311

0 Votes

Cape Coral, Florida

All Forum Posts by: Mark Fein

Mark Fein has started 2 posts and replied 81 times.

Post: Do commercial loans take credit into account when approving loan?

Post: is there an alternative to dscr

Post: Buying a rental with an FHA but not living in it

Post: Is it true that down payment for a second house purchase is 10%?

Post: Advice for new investor - buying quadplex in FL late 2023

Post: Winter Haven, FL Market

Post: Shady mortgage companies

Post: After years of waiting I think that I am finally ready...

Post: Investor looking for good wholesalers in Sarasota County, FL

Post: Looking for list of pre-foreclosure SFH in LEE county and around.