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9 December 2024 | 6 replies
You can totally do this, work with a realtor or PM and pay them a flat fee for helping turn the property / show the unit.
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11 December 2024 | 10 replies
Financing provided through this program is only available for properties located in Michigan or Florida.Available Product Type: SOFR 7/6 ARM, SOFR 10/6 ARMLoan Amount: $766,550 MaximumLTV: Purchase and No Cash Out Refinance - Maximum 99%Prepayment Penalty: NoneLoan Assumption: NoneEligible Properties: 1-unit dwellings, attached and detached condominiums, PUDsEscrow: An escrow account must be established for property taxes, and flood insurance, if requiredUnderwritingNo Private Mortgage InsuranceOccupancy – Primary residencesMinimum Credit Score - 700DTI – Max 43% (UW/Mgmt exceptions up to 50% with minimum 3 documented compensating factors)Student Loans – If in deferment, no qualifying payment requiredDown payment of 1% must be borrower’s own funds, while closing costs and prepaids may be gift fundsAttached condominiums require a 10% down paymentEligible Borrowers – Protect and serve heroes are defined as employees of public or private education institutions, employees of medical and healthcare organizations, all first responders, and active or former military personnel.Servicing: Retained
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5 December 2024 | 18 replies
Currently all 4 units are occupied by long-term tenants.
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5 December 2024 | 17 replies
Good luck Mat,There are certainly a lot of good options for cash flowing multi-unit buildings in Pittsburgh.
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7 December 2024 | 2 replies
Investment Info:Large multi-family (5+ units) commercial investment investment.
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8 December 2024 | 9 replies
If you are going to be living in one unit, how long do you plan on living there?
7 December 2024 | 2 replies
I have been looking at 3-4 unit properties and stumbled upon a property located in Columbus Park.
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7 December 2024 | 15 replies
I still use Excel for some things managing 65 units and having expensive softwares.
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6 December 2024 | 36 replies
BTW, did you book the United flight using the Air Canada portal?
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10 December 2024 | 11 replies
This criteria is for 1-4 and 5-8 unit programs.