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13 September 2024 | 2 replies
Let me know what you guys think I have about 70 K in liquid cash $250k in a heloc , so total is $320k I’m working with Option 1: Go 5% conventional on a two family home which would be about 90 K with down payment and closing costs , I am preapproved for 950 K .
14 September 2024 | 4 replies
So, they would want to know if there was a substantial decline like that.I haven’t seen a change.
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9 September 2024 | 18 replies
So basically the buyer was green or under funded.
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14 September 2024 | 3 replies
I haven't found much helpful information in my search so far.I've purchased and rebuilt three homes in the past, but I've never done a new build from the ground up.
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10 September 2024 | 6 replies
@Zachary Wurtz The basic docs. for a real estate loan are a "promissory note" (often just called the NOTE) and a mortgage.
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16 September 2024 | 14 replies
There's no one MTR site so tools like Airdna don't have access to the data to pull vacancy rates. 2.
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14 September 2024 | 1 reply
I’m a residential superintendent in NYC which requires me to live on-site so, from my understating I don’t think I will qualify for a FHA loan on a multi-family because that requires me to live in one unit for a year.
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14 September 2024 | 4 replies
I ended up making an offer on a multifamily today -finance deal so fingers crossed that my offer is accepted and the full inspection goes smoothly.
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13 September 2024 | 7 replies
So if you had eight properties and could only cluster four of them to meet the timelines of an exchange to a larger property and did the same with the other four.