Jason Riddle
Owner Financing Questions
As I understand it, owner financing is a way for the buyer to purchase a property, without having a bank involved. Instead, you take out a loan from the seller and pay them instead.
This leaves me with some questions...
Ton Ratana
I can't buy home owner insurance for my rental property, true?
I just got my first duplex and I want rent out. I got a mortgage, so the lender requires Home Owner Insurance so I went out and get one, but the insurance agent said they can't offer it if I don't live in the propert...
Reginald Vaughn
HUD Property
I am currently purchasing a HUD property for the purpose of renting out. What is a better loan to consider a Conventional Loan or a FHA Loan..., also from a term perspective 15YR or 30YR? I am new to investing and wo...
Anthony Bates
Refinancing and tax question
Hi all,
I have been considering refinancing to get rid of the mortgage insurance but have held off because I don’t know if doing so will end up effecting the assessed property value and causing the property taxes to ...
Richard Reyes
Owner financing question - California
Hello just looking for some information if anyone can help... I’m buying a home from a family friend and she’s going to be “holding the note” she’s giving us a 3.1% interest rate and it’s gonna be a 30 year mortgage. ...
Cody Cavenaugh
3.5% FHA vs Conventional 5%
What are the pros and cons of the FHA 3.5% loan versus the conventional 5% loan? I have good credit, and ideally want the lowest payment per month possible. Planning on doing a 30 year
Joel Kleyer
Post Remodel Appraisals
Interested in purchasing a 2-bed,1-bath SFH in Louisville, KY, to rehab the attic to create an additional bathroom and bedroom. Property currently is valued at $200K-$225K, but similar 3-bed,2-bath SFH are $300K. I'...
Hilary Hageman
First Rental - How to set rent, Property Insurance
My husband and I just purchased our first investment property: a 3 Bed, 1 Bath, 1075 sq. ft. single family home in Niles, Michigan. The asking price was $55K, we bought it "cash" (Home equity loan financed, $1,000 do...
Sherelle Montague
Buying my first home
Hi all! I am going to be purchasing my first home in 8-6 months. I live in the Seattle area so 3.5% down on a multi is still way out of my price range as they go for about 800k and above.My thought was to buy a 2-3 be...
Mary lou L.
Gift of Equity proposal- Has anyone done this?
I want to purchase my dad's house. He talked to a lender (he went through them to buy his last home a few months ago) and this is what he said:"Because you would be selling your home to a family member you can do some...