Fannie Mae also doesn’t have a “funding fee” that is attached to it like FHA loans.

For mortgage originators, real estate professionals and investors, the 4.65%-4.45% drop in the 2-Year Treasury should result in banks lowering Jumbo & Super Jumbo Mortgage interest rates next week Conforming and Government loan products are also seeing improved pricing.

We attended Gene's 3-day training two years ago and are about to close on the construction loan for our first RAL.

Some people see it as a way to get into a multifamily house at a lower downpayment and interest rate, while still providing themselves a place to live.I think the only way it would be "wrong" is if it puts you in a situation you can't afford or makes you "house poor".My husband and I rent out 4 of the bedrooms in our house plus a bonus room, meaning we have 6 roommates, but our entire mortgage is covered.

.- Yeah so Civil Code section 5715 applies to a situation where the homeowner is trying to pay off the debt to the HOA and redeem his / her interest in the property.  

If you want a “turnaround” type situation network with commercial lenders and find out about their trouble loans.  

You may be able to go up to 80-85% financing if the rent schedule can support the loan.  

I was planning on using an FHA loan 3.5 % down but I make about 80k a year and have about 120k saved liquid.

@Dean HalpinTo buy your first rental property, consider creative financing options like seller financing, subject-to-deals, lease options, private money lenders, and hard money loans.

Is this a FNMA loan or a bank loan?