Rick D.
How Exactly Does a FHA 203k Loan
Can anyone point me to a narrative that explains exactly how a FHA 203k loan works? Is the process flowcharted out anywhere? How much repair can be financed? Do you make IO payments during construction? etc.
Thank...
Nicholas Armstrong
203(k) help!
Hey guys!
I've found a lovely duplex in my area (just outside the Birmingham AL area) It is in a B neighborhood and it is listed at 30k. I am considering house hacking this property. But it needs a lot of work and I ...
Adam Richards
Buy Rehab Rent Refinance Repeat
Do renter’s have to be in the property paying rent for a minimum of one year to be eligible to refinance the property when using the “buy rehab rent refinance repeat (BRRRR)” method? Are there lenders that will refin...
Melissa Rivera
Are there any specific type of rehab loans to apply for?
Newbie! when you are looking at a home you want to rehab to fix and flip it. What kind of loan would you use? Are there specific types of rehabbing loans out there just for fix and flips?
Serge S.
Fannie, Freddie Tighten Rules for Condos in Vacation Locales Move
Caught this in the back of page of the WSJ. This will have some real impact on those of us in the vacation rental space. Specifically, due to the pressure from city, state and local associations, the VR model is a...
Joe Guz
what loan should I get
I just got the steal of the century, its a 1500 sq ft house w/1.5 acres in orchard park ny, (one of the best suburbs of Buffalo) for 88k, the land alone is worth it. The house needs a kitchen, some flooring, 6 window...
Mark Anderson
Lending For A Non FHA Quadplex Owner Occupied At 15% Down
Lending For A Non FHA Quadplex Owner Occupied At 15% Down
Hi everyone, currently looking to get qualified for a loan on an owner occupied quadplex for only 15% down. This property exceeds the FHA loan limits for my a...
Maurice Bey
I need a VA approved lender that will work with a bad credit score.
My fiance and I are looking to buy our first home. Neither of us have good credit. She is a veteran so we're thinking a VA loan would be the best route to take to get financing. We live in the Richmond Virginia area ...
Jonathan Beaumont
Considering a hard money lender to acquire a rental property.
I would like to acquire a rental property and I wanted to avoid the hassle of going through a bank to get approved for a loan. I was thinking of using a hard money lender. Does anyone have any experience using a hard ...
Kevin McCabe
Portfolio loans
I now have two separate houses under two separate portfolio loans. With the forthcoming third house, I would look to get a blanket loan and put all three under 1 loan. For those who have done similar deals, how do you...