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18 March 2024 | 16 replies
I would guess 15-20% down payment would be required.
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19 March 2024 | 9 replies
I think they recently lowered the down payment requirements for owner-occupied multi fams.
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16 March 2024 | 21 replies
It is no different than a loan company requiring insurance on your house or car.As @Dawn Brenengen said, require that they put you down as additional insured.
19 March 2024 | 1 reply
Despite having obtained a permit from the HOA, it has been revealed that the proper procedure required obtaining a permit from the Florida State prior to seeking HOA approval.
19 March 2024 | 6 replies
That requires guidanceIf you are a lender, the worst loan you can make is in second position on an over leveraged Subject To for someone who has no money.
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19 March 2024 | 6 replies
No seasoning will require that you did rehab.
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18 March 2024 | 3 replies
It seems like "most" lenders (at least the ones I've talked to) don't like the idea of rent-by-the room on a primary ... so they can't count my income on that particular property and they are requiring a 1 year lease on the whole house instead of multiple mid-term leases ... so essentially they want a long term lease.
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16 March 2024 | 3 replies
Hi all, I'm curious to hear your thoughts about the new requirements for taller, older FL buildings.
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19 March 2024 | 5 replies
Contacts I've have and done deals with I reach out to when a big client is looking for something specific and has a unique set of problems that require some work to solve but have a big upside when you know the process from A-Z and how optimize a deal.
19 March 2024 | 3 replies
I am looking to expand and I want to purchase my first duplex to house hack or do my first flip which both ventures require me to have my financials in order.