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21 January 2025 | 2 replies
To find out the amount of the subordinate lien through the NSP program, you’ll want to pull the title report for the property.
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6 February 2025 | 8 replies
This might be an option if you have the down payment but want to avoid the hassle of traditional financing.Government-Backed Loans:Some government-backed programs might offer financing for rural properties.
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20 January 2025 | 1 reply
congrats on the Naca program I have sold a handful of my OREO to Naca buyers.. its a great program takes some resolve to go through their initiation process.
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3 February 2025 | 5 replies
Personally I think this is where a lot of sale lease back programs fail the seller.
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31 December 2024 | 8 replies
Understand that they are doing this to make a profit, so it will be more expensive than coordinating maintenance yourself.It may be a decent program for a DIY owner that wants to just outsource maintenance, but you will have the same maintenance issues with this company that you would with a PMC:1) Higher costs2) Admins answering the phones & assigning work, that just know the basics about maintenance.
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30 January 2025 | 6 replies
If you are looking to buy in PA, its possible you can qualify for PHA KFIT program that gives you a 5% closing cost forgivable loan.
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3 February 2025 | 26 replies
Most DSCR programs will want you to have owned the property for more than 6 months to allow you to use appraised value instead of cost.
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24 January 2025 | 0 replies
I'm on the hudvash program and have been on it successfully for 16 years.
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5 February 2025 | 10 replies
There are 30 year fixed options and there are generally programs for 1-4 units and 5-8 units.
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5 February 2025 | 6 replies
Your interest rate, on a fixed rate loan, should remain unchanged and your mortgage should not be called due.However you should still confirm that this is the case with your lender (and read your mortgage commitment) out of an abundance of caution and because some loans and programs do require a longer seasoning period.