Signing it knowingly and selling their short sale property to a family member is Mortgage Fraud.

Considering most properties in this space are of a lower value, you can buy as many as you would like and bundle them into one mortgage.

. $155k left on mortgage bought in 2010 for $200k.

I believe I have two options.Property Info:Purchase Price: $365,000Current Loan: $329,000Interest Rate: 5.7%Mortgage:$1900PMI:$130Insurance:$157Taxes: $320Current Rent Left: $1200 (Market $1400)Current Rent Right: Owner Occupy (Market$1800)1.

Super new here y'all but I'm thinking of buying a fix and flip and (or) also a place to rent.My concerns are with covid people didn't have to pay rent but landlords still had to pay mortgage.

I have stopped posting the front of the house for two reasons:a) Scammers can't pull it.b) Someone can't identify it online and know it's vacant.

Does anyone know of any local credit unions that will do property investment mortgages in MD area?

They require you to have at least 3 tradelines, which can be credit cards, auto loans, a mortgage, personal loan if recorded.

@Jay Hinrichs if this means what the Real estate agents tell us, the VA is going to have to change the rules or the VA mortgage will die.

Consider the amount of the mortgage that has been paid down (and by extension, the amount of equity that has built up!)