We are applying for a 30 year loan to purchase STR in Florida. I found this loan officer on line because I wanted 30 years fixed and nobody local Will do that. The loan officer is asking for my personal property tax...
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With the FHA having high Private Mortgage Insurance (PMI) which could possibly ruin cashflow, I saw a forum that recommended using the Fannie Mae Home Ready loan instead. Can you share with me the difference between t...
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bought 3bd 2bath property in california with hard money loan 450k @10% then lost the home in fire was under insured (long story) still owe 320k similar properties with house in this area have been selling for 600k - ...
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Would you like to be in the know about insurance and inspections when buying a home?
All of the information out there about searching for homes to buy, working with realtors, and getting a mortgage loan can be overw...
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Does anyone have any advice on what my next step should be? I just bought my first rental house and I am addicted now. Here are my stats:Primary House: $610/ (mortgage) + $385/ (taxes/insurance)-Home Value: $160k, Bal...
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Hello, this is now my second analysis with a house hack, I'm needing a lot of help please. I've added my own mortgage calculation as I like to just plug in the value of the home and get the automatic change instead of...
Is conventional loan available to first time home buyer for 4 plex ? Which loan is best for 4 plex ? Conventional loan or FHA ? If u guys have 4 plex or triplex sell let me know. I am in colorado
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At the end of this year, I would like to purchase a personal residence with a FHA loan. Is it possible to use a FHA loan for wholesale properties? I would live in the property and do renovations (kitchen and cosme...
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Hi BP!I've been told by two different lenders that the 5% conventional is a better/cheaper route to live-in investments than FHA loans. Can someone confirm or deny? What are the differences? What are the pros and cons...
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I’m beginning my real estate investing journey and I’m wondering which loan would be better to begin with? A FHA loan or Conventional loan? What are the pros and cons of each loan