Jesse Runyon
I'm wanting to get started by investing in New Jersey
6 November 2019 | 7 replies
@Jesse Runyon FHA some requirements but not limited to: FICO® score at least 580 = 3.5% down payment.FICO® score between 500 and 579 = 10% down payment.MIP (Mortgage Insurance Premium ) is required.Debt-to-Income Ratio < 43%.The home must be the borrower's primary residence.Borrower must have steady income and proof of employment.FHA is good loan however, in this market finding a little harder to get then accepted not impossible just competitive right now.
Steven Clark
Solar Panels on Landlord Metter
31 October 2019 | 4 replies
In my experience I have been able to sell my 100% solar-powered homes for a $20k premium, which jives with the study the appraisal institute did as well as data Zillow and others have collected.
Kim Hopkins
Electronic Distributions to Investors
15 November 2019 | 16 replies
Any premium tier of private banking Citi private bank, etc will have free wires.
Ashton Levarek
Large Multifamily - market cap rates vs NOI?
31 October 2019 | 3 replies
There has to be a premium for taking additional renovation risk.
Tyler McGill
Gutting a house in St. Louis
6 November 2019 | 7 replies
Lots of two families in the area and there is no neighborhood premium to help for top dollar resale if you converted to a single family.
Bud Gaffney
Purchased a 4 unit Multi Family - Rents WAY below Market Value
12 November 2019 | 57 replies
Furthermore, when a tenant moves out you will inevitably have to spend money on turnover in order to get those rent premiums you mentioned, do you have the capital to deploy for that?
Jason Turgeon
Deal Diary: Duplex BRRRR in SE Texas
22 December 2019 | 13 replies
Unfortunately, most buyers just don't place a premium on having the systems properly upgraded when they are looking and they focus on the cosmetics, so it can be hard to get this stuff to pay for itself.
Courtney T.
Best suburbs to invest in SFH in Milwaukee, WI
1 November 2019 | 6 replies
Hi Courtney,I like Brookfield, Mequon, Whitefish Bay, Wauwatosa which are probably premium.
Jordan Noel
I need advice... how to raise money to begin investing
26 December 2019 | 12 replies
Yes you would need a little downpayment but I have done these deals with as little as $100 since I am willing to pay the seller a premium for the house in exchange for good terms (as compared to all the low ball offers).
Zeeshan Mallick
What are all the Upfront costs of an FHA loan, specifically MIP?
18 December 2019 | 1 reply
Online I have read the following definition " MIP stands for mortgage insurance premium and is required to close an FHA loan.