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22 June 2024 | 4 replies
FHA and 3-4 unit properties don't mix in Oregon, as most don't meet the FHA's self-sufficiency test (75% of rents cover your entire payment).
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22 June 2024 | 4 replies
Qualification is based off property income and LTV's can range from 55-70%.
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24 June 2024 | 13 replies
However, your situation—having a full VA loan, ample savings, and a pre-approval in a competitive range—puts you in a strong position to navigate these challenges.Given your circumstances and goals, buying a home could indeed be a way to build equity for yourself rather than paying rent that contributes to someone else's mortgage.
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22 June 2024 | 12 replies
What are your scenarios looking like for property type and loan amount ranges ?
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25 June 2024 | 18 replies
In addition there are a wide range of grants HUD supports in most cities to improve a property to rent to low income people.Perhaps the best decission in looking at section 8 and low income rentales are the larger assets of using the contract incentives and special financing programs that only exist to those who provide services and employ your tenant that you could benefit from.
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22 June 2024 | 7 replies
It is a newer hill top build in an older neighborhood with a 500-700k price range.
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22 June 2024 | 5 replies
With sufficient photographs and notes reflecting the results of your inspections. 4.
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22 June 2024 | 8 replies
Your primary insurance policy with $300,000 in liability coverage should be sufficient in 99.999% of all lawsuits.5.
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21 June 2024 | 11 replies
As others have mentioned, 100K in some markets is doable but in most coastal, appreciation markets, it will not be sufficient to lend in a safe manner, i.e. with a large equity buffer to protect your principal investment.
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18 June 2024 | 12 replies
Has anyone ever built golf driving range from start up?