I met with a seller today who said he'd heard of a law that just came out within the last couple of weeks, that protects tenants (from being evicted) when the owner is collecting rent without paying the mortgage.
Now...
Hey everyone,
I figured I'd ask here because I know many of you have dealt with Fannie mae a lot. I've been having a problem with a listing and wanted to know if this is common or if something's wrong.
Here's the dea...
I'm evaluating some properties for buy-and-hold in a lower entry point area and came across what I believe is an abandoned home. How does this affect the purchase, and is this something I can take advantage of in get...
Hi there! There is a property I am interested in that will be up for sale at the auction next week with the starting bid amount of $38k. I noticed it is listed on the MLS at $139k. It appears that Fannie Mae purchased...
Hi BP Community,I’m looking for some advice on a mortgage wrap deal I’m looking to do. I’m the seller and would be carrying the financing on a $750,000 duplex. The underlying mortgage is a conforming 30 year fixed and...
I have 2 properties that I own free and clear and would like to do a cash out refi, I would prefer they stay in my company name, but the only problem I have heard from lenders like that is my properties do not meet th...
Hello beautiful people!As I've mentioned in previous forums, I am a new agent in GA. I am doing RE part time until I get out of the Army on May 16th. WELL....I just got my first two leads from Soldiers who are definit...
Hi - we bought a 2 bed condo last year from Fannie Mae and subsequently rented it to a young couple with a baby. We understand the previous owner (before Fannie foreclosed it) had died in the unit a couple of years ag...
So, this is a inquiry on behalf of my father.
He owns a house in the town I live in. He bought it with the intent of someday moving there and renting it to college students in the mean time.
He bough for 225k, owe...
Here's a friendly reminder to *choose your lender carefully*. We went with Allied Mortgage Group (based out of Bala Cynwyd, PA) because they were the first to offer us the rate we were looking for, and their incompete...