Jerome Morelos
FHA 203k Loan question
14 October 2021 | 6 replies
Conventional max LTV's: 1-unit 95%, 2-unit 85%, 3-4 unit 80%.So if this is a 3-4 unit, you would need to be at 80% LTV and there wouldn't be PMI.Also if your income is below the income cap for the program, Conventional Home Possible is coming back on 11/15, which allows up to 95% LTV for a 2-4 unit.Check with your loan officer on your options.Hope that helps, best of luck!
Gordon F.
1st home conventional out of state, 2nd home FHA?
16 October 2021 | 4 replies
You will not qualify for any first homebuyer programs but honestly, you are much better off not using a FTHB program.
Katie Fajardo
Amount of capital for multifamily in southern california
27 October 2021 | 6 replies
Hey @Katie Fajardo you can do 3% down FHA on them; however, some lenders only have programs for small multifamily 15% or more on the purchase, so check around for the right lender for your situation.
Thomas Ince
Portfolio of Rental Homes lender
18 October 2021 | 1 reply
I'm looking for a lender who has a good program for investors that own multiple homes and or commercial properties.
Wojciech Grajewski
How to transition INTO a 1031 exchange?
20 October 2021 | 6 replies
I'm a Government contractor and NOT a military member ...
Paul Leavitt
Should I start an STR in a City that Might Ban Them?
20 October 2021 | 10 replies
It removes your listing during normal government hours and then puts it back on all the sites after 5pm (city enforcers go home for the day and normal people start booking).
Marcus Amison
Financial assistance programs
19 October 2021 | 1 reply
Where is the best place to find out about financial assistance programs?
Schneur Yecheilov
Rent controlled building
22 October 2021 | 5 replies
3) If a tenant moves out before the program ends, when I put in a new tenant do they get the same rate as the previous tenant or can i pick them up?
Elizabeth M Williams
Why Multifamily Housing Values Will Continue to Defy Gravity
26 October 2021 | 15 replies
Government intervention: we are avoiding states that are aggressively going after landlords