On March 2, BBVA announced 100% financing for consumers in low to moderate income areas. They are also willing to help out with up to $4,500. While I haven't seen the program's full details, I'm certain they will have...
Can anyone point me in the right direction with a loan officer in Michigan that can help me with my first loan for a fix and flip? Thank you!
So, I am trolling around for property #4. Being that this will be my fourth mortgage (and final mortgage before the guidelines change), I would like it to be an investment property because the guideline restrictions w...
Hey everyone, I'm developing an automated property management
software specifically designed for small to medium-sized landlords. The
platform aims to streamline day-to-day operations, ensure compliance
with loc...
i dont think the 2% rule works in los angeles... how is it possible to find a $2000 per month rent place for $100,000 this just does not seem possible... could anyone explain whether the 2% rule or 50% rule works in l...
Has anyone ever assigned a contract to an FHA retail buyer? Does FHA allow it and will they be able to close on the property or will the escrow be lost since its a cash offer?Although there is a $5k markup on the purc...
Hi friends! Wondering what you think about investing in Jackson Michigan? I see a lot of houses for sale there that appear to only need some cosmetic work in order to rent out. But what are the quality of the tenants...
Hello friends!This just sent to me from one of my top lender partners:Starting November 18th, 2023, Fannie Mae is rolling out a game-changing update to its guidelines, specifically focusing on down payment requirement...
Good evening all,We have recently completed our first cash purpose that we have rehabbed and are currently renting. From what I hear, there is a 6 month seasoning period until we could refinance (thus placing cash bac...
Any of you guys have experience owning units in age 55+ communities? We have several near by, gated, nice units, double wide mobile homes etc, decent surrounding neighborhoods. I've seen them posted on the MLS and ne...