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When house hacking with an FHA loan, is there a certain timeframe that the FHA dictates you to be moved into your property within after making the purchase? Say I purchase a duplex with an FHA loan and plan to occupy ...
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Our rental rates are going up significantly by the beginning of April so we have decided to move and find cheaper rentals. We are moving to Colorado at the end of the year. I brought up, to my girlfriend, the thought ...
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I am curious as to how long it takes to receive the check after your status reads "batched"? I received an email from my case handler today and she said it's approved, and to wait for the update on the web page. I app...
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Hi - I have a sample assignment contract but I dont have anything that covers me in the event I cant find a buyer or the expected timeframe in which I have to find that buyer?Any insight helps.Thanks!
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Hi all,Situation: Evaluating a contracted $70k (ARV $120k) 3/2/2 SFR for a Buy-an-Hold rental at 1100/month, and with hard money lending at 15% (6 month term). With this temporary funding it is going to be break-even...
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Hello all! So I am closing on another SFR next month. I decided to take a loan against another rental I own free and clear to replace my funds. Tried with Quicken first. Very responsive, within an hour of my app they ...
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Hello, I currently have my own home with a mortgage and am looking to get into rentals. Would you recommend doing a cash out refi on your personal home or not? And if so is there a minimum time frame for having to own...
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I'm in touch with an owner/seller who want's a large amount for his fixer-upper house in a great area.I normally just buy houses outright, but can't make this one work at his price. We are proposing to have him hold ...
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First off I want to tell you about myself and my situation, then I want to hear some input about what I can do.
I'm 32 years old and have been a corporate slave for about 12 years. It's getting old. I live in Southe...
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what is a reasonable time frame to give the buyer to obtain the money for the property? does it vary from property to property?