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Results (1009)
Account Closed Delinquent FHA Mortgages Soar By Record 60% To All Time High
17 August 2020 | 5 replies

This is NOT news I wanted to hear, but it is what it is . . . That is a Nasty uptick.
Delinquent FHA Mortgages Soar By Record 60% To All Time High
As a reminder, "mortgages that are in forbearance and have not misse...

Glenn Gomba FHA refinance & rent out home - Does it make sense?
11 February 2016 | 5 replies

Hello everyone, I'm trying to figure out what the best financial decision would be for refinancing / renting out our home and was hoping someone can help with some advice.My wife and I are purchased a townhouse in Aug...

Robert Zavertnik FHA Loan Requirements
9 May 2014 | 10 replies

Hi All,

I am interesting in purchasing a multifamily property with an FHA loan. I've seen multiple requirements from different websites. The one that I'm concerned about is "2 years of employment" or "2 years...

Elijah Jamerson 911!!!! Please help me with this decision.
5 August 2017 | 8 replies

I MUST move. Emergency situation. Needs 2 b in a year. 18 months tops. I have a primary and a rental.  Pretty much broke. My plan is to pull $ out the rental and refinance it into a conventional. And refinance my prim...

Ricardo Flores Should I or should I not Refi??
19 November 2018 | 20 replies

Hey everyone,I have a few questions, hoping someone can answer. I've been looking into refinancing my primary home to remove the PMI on my FHA loan. Can someone let me know if this is still possible, even with the ris...

Shopitha Kumar Paying 20% Down payment vs 5% (MIP of 1.5% or PMI 0.5%) on 4Plex
15 February 2021 | 2 replies

HI,
I am looking to buy a 4plex  and it costs about $1.57M. I am planning to live in one unit and rent out the other 3 unit. The other 3 units are rented out and rental income is $5400 per month combining the 3 units...

Ronnie Miller looking for advice multi family owner occ
22 March 2023 | 2 replies

I currently have one property SF home looking to turn it into an MTR, also looking into buying multi family owner occ in the local area. what is some good advice to pursue this? I'm pre approved for a fha loan. My cur...

Joe Ferguson FHA + 50% Rule = No Cash Flow?
9 February 2020 | 10 replies

I am having an extremely hard time finding a single deal that will work with the 50% rule using an FHA loan. In almost every case the cash flow is negative with a few around break even. This is using list price and ex...

Dieudonne T. practice analyzing deal # 6
4 March 2021 | 11 replies

1% rule =desired rent89,9000.01899Des Moines, IA 50316price 89,900closing co 2500monhrent 1,200.00repairs5000total cost98600 Loans price 89,900Down % |downpay3146.53.50%FHAtotal loan86,754 Money Needed =$11,...

Molly Ronan HELOC on Seller Financed House
10 May 2021 | 1 reply

Hello,My first deal was creative - my dad sold me a triplex for $1. But now I have a private loan with him to pay it off over 10 years.Would banks see this loan as a mortgage? Would I be able to get a HELOC?The detail...