AJ Wong
FHFA Announces Freddie Mac Pilot to Purchase Second Mortgages of up to $78,277
24 June 2024 | 0 replies
The Programs includes or covers:- Up to $2.5B in second loan purchases- A maximum programs duration of 18 months- A maximum loan amount of $78,277- A minimum seasoning requirement on the first mortgage of 24 months- Only for Primary ResidencesThe effect of a guaranteed government backed second mortgage for homeowners would be significant and likely put eligible second mortgage terms in line with below market FHA and guaranteed first position mortgage rates.
Denise Evans
Smoke Detectors in Rental Properties
23 June 2024 | 38 replies
Nobody much reads written materials anymore.
Jordan Scott
**Newbie-first rental investment**
20 June 2024 | 6 replies
I’m seeing that some investors advocate for higher end materials when you can-granite counters, stainless steel appliances, tile bathroom.
Andrew Brown
Finding BRRRR houses
23 June 2024 | 6 replies
I am a busy medical professional and don't have the time to try and find off market deals and also don't have the time to constantly peruse the MLS looking for deals.
AJ Wong
How to finance multifamily 5-8 units without income: Common terms and guidelines
24 June 2024 | 4 replies
Theoretically a DSCR HELOC and DSCR multi family purchase could be coordinated with little to now hard capital out of pocket to the client as most lenders allow down payment funds from cash out against other properties.The mortgage market is extremely healthy and well capitalized for the moment.
Johnery Laurimore
Rent Stabilized Apartment Building in NYC
24 June 2024 | 4 replies
I get conflicting information particularly on the rental amount for vacant units (whether can charge full market rent or is it the 20% over the last rent charged).
Rahul Garg
Best lender for building loan
23 June 2024 | 13 replies
I’m constantly taking inventory of the lenders financing ground up projects in my market which is Philadelphia.
Amod Karve
Converting LTR to MTR in northern NJ
23 June 2024 | 7 replies
I'm not in your market, but the steps for analyzing any market are pretty much the same.
Yushengji Zhou
Area choice for SFR
24 June 2024 | 3 replies
I'd love to help you as you navigate this market here in Fort Worth.
Yana Rishkovoy
What type of insurance do I need as a landlord?
24 June 2024 | 5 replies
Based on the Insurance Market in FL now, you may want to check on both options.Those policies are designed to provide Property and Liability coverage together.