On conventional loans, private mortgage insurance (PMI) is required with less than a 20% down payment. But what is PMI and what is it playing for and who is getting the money? What insurance do I get for paying PMI fe...
Hi. The title is my question. Who offers it and who has low rates?
I am planning to buy a home with cash. So, I will rent this home in future. Do I need to buy home insurance? Should rental insurance purchase by tenant cover the liability?
So many times, I hear investors propose an "FHA" option as the best option for financing a new multi-family they will house hack or new primary residence for themselves.I can't say how wrong this is. It's true that t...
I plan to buy a rental property in a different state than where I currently live. This would be my first home and I don't own any homes and currently renting out the place I live in.I am thinking of getting a Primary ...
Hello, I have 5 mortgages on 8 investment properties, but I'm no longer working a high income job and so I need to pay more attention to DTI for future loans. I want to verify when calculating DTI, lenders will only ...
I bought a SFH early this year as an owner occupied property.. Before, I was living in a company apartment above my place of work. Well shortly after buying the home I started having troubles with an employee (drink...
Hey Folks, anyone in here knows the answer to this situation:If you buy a vacation home and the appropriate insurance for it at closing and then the insurance company inspector comes and views your house after a month...
?: What are the components of a mortgage, is it only interest, principal, tax and insurance? How do I reduce each one of these costs? Does anyone have any strategies they can share? Any Oklahoma based strategies?Hey e...
I am currently waiting on a SSA from a bank. The home is sold as is and the inspection/appraisals are "n/a" on the dates and deadlines section. I know the bank has collected the insurance check for a roof and glass ...