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Yay! My offer was accepted on a condo in Seattle. Now comes the not so fun part of dealing with the loan, closing costs, and being in debt for most of my adult life. I'm doing 5% down conventional loan ($310k sales pr...
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Hi All:
I'm working a deal with an abandoned property that has an old Associates Financial Services Company attached. It originated in 1990 and I was under the impression, from researching my county recorder's office...
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Im planning on buying my first property this year but dont know if its more beneficial to use my VA benefits or just go conventional especially since im thinking about using the BRRRR method. Any advice would be amazi...
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Hello all,
I have a great wraparound candidate on the hook. They want out of the house really badly but have basically no equity. The house is in good condition and could be rented out right away.
My ...
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Hi BP community!I recently completed a major renovation on my property financed through a Fannie Mae HomeStyle Renovation loan, and I'm now looking into options for removing Private Mortgage Insurance (PMI). I’d love ...
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I just discovered that Freddie Mac recently began allowing property title transfers to an LLC after an amendment to their servicing guidelines, effective on 10/20/2021. Until now, only Fannie had allowed LLC transfers...
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Below is what I've seen from Freddie Mac where I got my loan. Please note that "borrowers are eligible for forbearance regardless of whether their property is owner occupied, a second home or an investment property."...
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Hey BP!I want to utilize my VA loan benefit and am looking where to start and what the cons may be. I am looking to purchase a duplex in the Tucson area. I have been working super hard to rebuild my credit and therefo...
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Hey everyone,I'm considering doing a live-in rehab to start the process of BRRRR. I am eligible for a VA loan and came across some descriptions of the VA Renovation Loan, but with no leads as to where to attain this t...
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Has anyone here ever got a loan for a multifamily putting 20% or less down, other than house hacking? If so, were the criteria for getting that loan pretty much the same as getting a loan using a 25% down payment?
Th...