My lender @Chris Mason called me today to inform me of something incredible:Apparently all the mortgage insurance providers he is aware of are suddenly no longer offering mortgage insurance for super conforming Home P...
Closing on my first MFH with an FHA and just got the closing docs. Lenders origination rate is almost 4% is that too high ?
So my fiance and i are looking to buy another property before we officially tie the not. I have used my FHA loan and currently have a 3 family. We are thinking of using hers on another. Before we do so i was kind of c...
House hacking is an incredible way to live affordably while building wealth through real estate. The idea is simple: purchase a property, live in one part, and rent out the rest to offset your mortgage or even generat...
Hi!
My husband and I have been self employed, living abroad, but we've been looking to come back to the states and purchase our first property. Being self employed, despite having decent income our tax returns show ...
I am looking at a triplex in Seattle WA that I had planned to buy as an owner occupant. It is currently listed for $820k, and gross monthly rents are roughly $4300/mo (way under market value). FHA with 3.5% down, PIT...
Hello everyone!I live in the Los Angeles area and my full time profession is sales. I have 15 years of experience selling capital equipment machinery and 10 years experience as a mechanical engineer.I'm just past the...
Hi, I'm new here. Just learned about this site as I've been spending the last few months researching real estate. I live on Long Island and am preparing to use an FHA to buy my first multi-family home. My intentions ...
Freddie Mac’s website explains the Homepossible mortgage as “A responsible, low down payment mortgage option for first-time homebuyers and low- and moderate income borrowers”. What Freddie fails to explain is how gr...
I am looking to house hack a triplex. Problem is, I’m not approved for a loan of the amount that I need. How do I go about getting qualified for the loan I need, considering The other two units will be covering most o...