Bryan G.
Suggestions for Price reduction on Forclosed Property
Looking to invest in a foreclosure property located in San Bernardino County - property needs about 10K worth of repairs to be rent ready. Ideally we want to offer 200K. Bank is firm at 220K. A 220K PP would yield a l...
Randy Dambrosio
Question re Client scenario post BK7
Hello, I have a client that filed BK about 3 years ago. She has an FHA loan and is paying MIP. Can I offer her dad a conventional refi as NOO and keep her on title? TIA
Justin Cooper
80-10-10 Loan
Could someone explain how working a 80/10/10 loan works please? I don't qualify for a conventional loan, but I do for an FHA loan and there's a house I'm considering that qualifies for an FHA, but I'm recalcitrant ...
Tony Velez
Fha refinance? Want to convert to conventional
Hi,We own 2 homes. Our primary home is an FHA loan. Our triplex is conventional. We are thinking of converting the fha loan to a conventional loan. Any suggesrions?Thank youTony V
Anthony Marucci
Buying first property with only 10k
I’ve been learning as much as I can about investing and my plan at first was to save up money for 2-3 years but now I’m wondering if it’d be possible to invest in a rental property with only $10,000 saved up. If it is...
Daniel Mobley
Need help with refi
My wife owns a small 2-bedroom townhome with a 30-year fixed FHA mortgage of $120,000 at 5% which is our primary residence. Her father is also on the mortgage as a cosigner. We want to refinance the property to not ...
Corey Dutton
Low Down Payment Requirements of FHA Loans Triggers Criticism
With only a 3.5% down payment and a 580 minimum credit score requirement, many critics believe FHA loans are encouraging another crisis. In the U.K. and in Germany for example, home ownership is only for those who can...
Dhrumit Patel
Analysis, No Paralysis
Hello everyone!!
This is my first post on BP. I am from Windsor, CT looking to house hack my way into Real Estate using a FHA loan or a low-down payment conventional loan. I am currently looking for a multi-family pr...
Cerilenne Menendez Mendoza
Remove PMI Without Forfeiting Current Rate
Instead of refinancing to remove my PMI, could I simply get my home reappraised and use that to show PMI is no longer needed without losing my current interest rate on my mortgage? My current rate is too good to refin...
Max Hutchinson
Advice on what type of loan would best fit
Hi, I am looking for some advice on which type of loan I should get for my next rental investment. I currently only have one rental which I got using an FHA(duplex) theres some equity in it I want to tap into. I have ...