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Hi Everyone!I have recently been approved for a USDA 502 direct loan and am hoping to find a home that is somewhat of a fixer upper. I'm curious as to what the exact dwelling qualifications are. USDA regulation §3550....
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I'm a one week BPer looking to finance a small multi family home in Virginia with a loan from a FHA direct lender. If anyone knows a great FHA loan officer in VA that is investor friendly please drop me a note.
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What is the minimum occupancy for a USDA loan before you can rent it? Is it similar to FHA being that it's a full year?
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I have multiple properties I habe found deals on in my area for buy and hold properties. I have spoken to a couple of hard money lenders and can get part of the money from them. How does crowdfunding work and is it wo...
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There is a catch of course, but that is normal when dealing with the IRS. However if you have a long time Sec 8 rental, and you wouldn't mind to sell at ZERO Cap Rate this is your lucky day!!Read the details on this ...
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I am seriously considering purchasing a multifamily property and living in it while renting out the other units for at least one year. My question is can you get USDA financing for a Multi Family or does it have to b...
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Looking for referrals for a lender in the Rochester New York area - specifically I need someone doing USDA multifamily rehab and/or development. My current lender isn't doing USDA loans currently. Thanks All!
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I have lead on a property that has been empty for a year. Property appears to be in good shape, has been winterized. Finally found the owner, she has passed. Find the heir, have not been able to get in touch with him ...
As a beginner private lender I would like to minimize the risk of borrower defaulting on their investment by learning from an experienced rehabber who's skilled at evaluating numbers for property purchase, rehab an...
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Does anyone know if it is possible to purchase a 4-plex using USDA residential lending? I am getting mixed answers from the two lenders in my area that do USDA. I know FHA will do it, but I'm trying to purchase with n...