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23 January 2025 | 10 replies
When we got engaged, my wife didn't want roommates but was willing to do a two unit situation.2.
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30 January 2025 | 0 replies
.- Creative Financing Solutions:Options like subject-to deals, seller financing, and syndications can lower capital requirements and increase your purchasing power while providing flexibility for properties with complex financial situations.4.
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30 January 2025 | 3 replies
In high-cost markets like Chicago, that can be tough to meet.If you're looking at a duplex, the self-sufficiency test doesn’t apply, so you’d just need to qualify based on your personal income and the rental income your lender allows.If your current lender isn’t familiar with making FHA work in your situation, it might be worth getting a second opinion from someone experienced with FHA multi-unit financing.
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23 January 2025 | 24 replies
While I get where they’re coming from, there are definitely situations where a buyer asking for an inspection can be totally legitimate.
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22 January 2025 | 14 replies
I've received apps in the past where this was the exact situation only for the borrower to not qualify and be stuck.
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22 January 2025 | 8 replies
Hey there @Michael Labudzki - Can you help me understand your situation better...- Do you have 200-250k cash, or is that what you can get with your loan amount?
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7 February 2025 | 10 replies
Same tax situation and more likely higher potential to appreciate faster.
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7 February 2025 | 11 replies
I got a lawyer at the moment but they don't see to be too great regarding evictions and kind of unsure about the whole situation so will see if George Gibbs can provide some clarification on it.
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22 January 2025 | 4 replies
But I don't know your personal situation and all the financial details.
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17 January 2025 | 5 replies
I could be wrong or out of line, but I feel like this is a field where you really need some good expertise/experience to know how to address the variety of crazy situations that will come up.