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Just heard they passed a law that will go into effect January 2020 lifting the VA loan limits, so buyers who qualify for VA loans will have zero downpayment loan options no matter the price. It says guidelines will b...
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Hello,I was wondering if one can sell a SFH and move that money to a Multifamily Syndication as a passive Investor under 1031 exchange? Chai
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In an effort to stabilize home values and improve conditions in communities where foreclosure activity is high, HUD Secretary Shaun Donovan last Friday announced a temporary policy that will expand access to FHA mortg...
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Hi All!
Wondering how a home purchased through seller financing on a promissory note would come into play when qualifying for future mortgages?
1.) would I have to notify future mortgage company of loan?
2.) would th...
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I asked a similar question in a FB MF group but many syndicators seemed to shy away from the topic. Maybe more on BP can help educate.Topic: Using 3yr +1 +1 type bridge loans in stabilized MF deals (say 120U+, basic B...
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Afternoon BP Fam, wanted to hear your opinion on a rental property. My friend is going to supply the money for the down payment. I will bring $0 of my own money. But, I will be finding/negotiating the deal, listing th...
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My understanding of FHA 203K loans are that they are not available for non-owner occupants.
Assuming this is correct why do I consistently see multi-family dwellings listed on the hud website as being 203K eligble? ...
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Hello all. My name is Tim. I have recently moved to Florida where the job market is crazy. I am considering a potential jump into the real estate game. I mean why not, right? I have busted my ass every day of my life ...
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110 acres of vacant land, 1 mile of Hwy 287 frontage. New housing development under construction directly across the highway. Currently not zoned for anything besides agriculture. Fort Worth city limits is outside m...
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Hi everyone, could someone shed some lights on this issue? It has been bothering me. Does the lift on owner occupancy applies to existing ADU built before 2020 in East Palo Alto or other cities other than San Jose? If...