Scott Shambre
Is there an FHA rule that prohibits renting prior to closing
13 June 2018 | 7 replies
It’s not generally a good idea for the Seller to allow a buyer to move in early.
Kyle Jones
Question on money down.
15 June 2018 | 9 replies
The following are maximum LTV/CLTV/HCLTV ratios for purchase or LCOR when HomeStyle Renovation mortgages are underwritten with DU* (note that borrowers can also qualify for up to 105% CLTV with eligible Community Seconds®):- One-unit principal residence to 97% LTV/CLTV/HCLTV with FRM; 95% with ARM (Available in DU on March 17) (Note: For LTVs > 95%, on purchase transactions, the borrower must be a first-time home buyer unless combined with HomeReady; for LCOR transactions, the loan must be owned or securitized by Fannie Mae.)- Two-unit principal residence to 85% LTV/CLTV/HCLTV with FRM/ARM- Three- and four-unit principal residence to 75% LTV/CLTV/HCLTV with FRM/ARM- One-unit second homes to 90% LTV/CLTV/HCLTV with FRM/ARM MH LTV/CLTV/HCLTV ratios principal residence to 95% FRM/ARM; second homes to 90% FRM/ARM (Note: 105% CLTV is not permitted with Community Seconds) - One-unit investment properties: Purchase up to 85% LTV/CLTV/HCLTV with FRM/ARM LCOR up to 75% LTV/CLTV/HCLTV with FRM/ARM
Joshua Penners
Tenants never signed the lease but are still paying rent?
13 June 2018 | 8 replies
Why not let the pm do this since they failed to get lease signed ?
Frank Wheeler
Quick Fix or Major Remodel for rental home in Berkeley
16 January 2020 | 3 replies
However, this home is in Berkeley and I am concerned about destroying historical elements and potential added structural engineering costs that could make the house attractive to a buyer in future years, along with the opportunity cost of construction now versus getting rental income from the house in the next few months.
Alexander Ho
Counteroffer Question regarding credit during closing
12 June 2018 | 2 replies
What does it mean when a counteroffer says this from the listing agent: "Buyer shall be credited $10k for escrow fees and other fees."
Josh Oaten
Short Sale Recapture?
1 July 2018 | 5 replies
Thanks for the info @Ron S. and @Blair Poelman I was just wondering more from a buyers perspective, mainly on what you have pointed towards @Blair Poelman .
Elon Matias
Hampton, Newport News, Virginia - Looking to network
13 June 2018 | 3 replies
My end goal is to invest in apartments for long term holds.I'm looking for other investors, wholesalers, and cash-buyers, in the Hampton or Newport News area that are interested in networking with me.
Daviontae Battee
I’m looking to start
12 June 2018 | 0 replies
I’m looking to start renting a quadplex and I’m need information on this basics and first things to do I’m 20 years old and I’m trying not to fail.
Anthony LoPrinzi
Good Buyer's Agents in the Atlanta, GA Area
13 June 2018 | 4 replies
If anyone could refer me to a good buyer's agent who has experience working with investors in the Atlanta market that I might be able to contact and see if they can get in touch with the listing agent, I would greatly appreciate it.
Clay Revels
Feedback please about selling my house or renting it
21 June 2018 | 2 replies
There have been some upgrades, like the roof, paint, kitchen appliances etc.Now what gives me concern is that my realtor has a wait for the right buyer to come along strategy.