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16 April 2024 | 0 replies
With 5% down conventional loans and FHA loans, buying a property with two or three units can cost less than $30k out of pocket.
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17 April 2024 | 4 replies
They have been late twice last year (2016) for the months of April and June, due to his layoff and I agreed to somewhat modify their loan, so these two are added to the end of the 15 year term.
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14 April 2024 | 6 replies
I'm looking for loan service recommendations.
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16 April 2024 | 1 reply
10% second home loan though Northpointe Bank - Jeff Chisum & team.
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17 April 2024 | 5 replies
The only item that I haven't found is how to account for loans on the balance sheet.
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16 April 2024 | 18 replies
Fill in those two numbers into any online mortgage calculator, and it will tell you what the maximum loan is.
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16 April 2024 | 3 replies
VA loan= 0% + buyers agent compensation.Incredible right?
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17 April 2024 | 8 replies
Additionally, we may include clauses allowing for mortgage assignability and a balloon payment extension if the property fails to appraise for a specified price upon balloon expiration.Find below the 3 single-family seller finance deals that have done so far. 1st Deal breakdown: Purchase price: $330,000 Loan amount: $305,000Monthly payment (P&I): $1,181.55/mo40-year amortization at 3.5% interest rate20-year balloon paymentMarket Rent: $2,100/mo__________________________________________2nd Deal breakdown: Purchase price: $200,000Loan amount: $175,000Monthly payment to seller: $500/mo0% interest rate 7-year balloon Currently rented month-to-month for $1,200.Market rent: $1,750/mo__________________________________________3rd Deal breakdown: Purchase price: $175,000Loan amount: $160,000Monthly payment to seller: $437.50/mo0% interest rate 7-year balloon Currently rented month-to-month for $1,400.Market rent: $1,500/moFeel free to reach out if you have any questions!
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16 April 2024 | 4 replies
I'm house hacking with a VA loan a four unit property I'm looking forward to feedback and wish everyone success in their efforts.
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16 April 2024 | 1 reply
I also don't qualify for any institutional loans at this point.