So I found a duplex that meets my criteria, I'd like to do FHA financing and live in one unit and rent the other one out. However the brokers I've been talking to say there are no comps in the area that will give an i...
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Hey guys! I'm a bit new to the game and I've been reading up on loads of articles on this website and a few others and believe I am starting to get a good base knowledge of real estate. I'm a recent college graduate...
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I have decided it is time to sell a rental property. It is totall remodeled and quite nice, but because it was purchased as a rental the kitchen countertop is "recyled" off white Corian. i am envisioning the counter...
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Hi all,
I am a wholesaler from New Jersey. Looking to move to Buffalo NY in the next 4-5 months. I want to purchase my first duplex with fha financing. I am looking to connect with Investors in the area. Any feedback...
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Am I able to get FHA financing for my first home if I am purchasing it through my Self Directed IRA?Does anyone have experience doing this?
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Hi,
Today’s current rate for FHA 30 Year Fixed is 6.250% (APR 6.256%). Payment per $1000 (including the low monthly mortgage insurance) is $6.58.
The open mortgage insurance is 1.5% of the loan amount and is finan...
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Hi BP, I'm looking to purchase a duplex in Humble, TX. The listing agent advised me that it's a concrete building not up to code and therefore won't qualify for FHA financing, but it will qualify for conventional fin...
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I can provide as many details as needed to get well rounded feedback.
In love with a house in my area that's a fully occupied 3 family, the numbers look great. Since I'm going the way of FHA financing I'm thinking i...
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Would a reverse 1031 exchange be a legal work around the 1 FHA loan limit rule, since it seems as though the to be relinquished property is "parked" into an LLC?
I have a FHA on the to be relinquished then moved out ...
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I'm looking to purchase my first property and I want to get a 4plex using FHA financing but it is becoming increasingly difficult as most of the properties I find that meet my criteria (not in the 'hood, exc) and FHA ...