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All Forum Posts by: Melissa Reinhart

Melissa Reinhart has started 2 posts and replied 4 times.

Thanks, Wayne. That's what I was hoping to hear. Nothing like going through all the analysis and deciding to pull the trigger but not even thinking about something as simple as this.

Post: Making offer as LLC?

Melissa ReinhartPosted
  • Homeowner
  • Olathe, KS
  • Posts 4
  • Votes 0

Thanks for the replies. I'm second-guessing establishing an LLC. Oh well. I guess you learn with experience.

Hello,

I am putting in an offer for half of a duplex (half-plex) that requires significant foundation work. I has been pre-approved for a reno loan through Fannie Mae's HomeStyle Renovation loan program as an investor. Per Fannie Mae rules, investors can only use this loan product for SFHs. It just now dawned on me that a half-plex might not be considered a SFH but rather a multi-family. I plan to talk to my loan officer tomorrow but I was wondering if anyone on BP has any experience with HomeStyle loans for half-plexes.

Post: Making offer as LLC?

Melissa ReinhartPosted
  • Homeowner
  • Olathe, KS
  • Posts 4
  • Votes 0

Hello, I am getting ready to put in an offer for a retail property. I have pre-approval letters under my personal name. I also have an LLC. How do I make an offer?