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So I'm going to purchase my first home/MFR and was advised to not use a 203k loan (don't know specifically what it's called) for remodeling a home.
I was advised to not get it since it is difficult to get a refund or...
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Hi, I wanted to know what the legal repercussions are of renting a home that you bought as your primary residence. My mortgage says that if I do this I could be fined or even enprisoned for lying about the occupancy. ...
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My mortgage was just sold to PNC bank in August and now I’m having issues w/ my escrow account. PNC bank is saying I’m really in shortage, they’re trying to collect next years estimated taxes/insurance in advance. My ...
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Hey BP community - looking for some feedback on this idea... I'm in the process of buying an investment property outside the US (Cayman Islands), for which I can get a (US Prime + %0.50) variable loan from the local b...
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Hey bigger pockets! I have been an "investor-in-training" for almost a year now, which I am sure could just be a nice way to say that I have not pulled the trigger on buying real estate. Nonetheless, I have been liste...
Hello fellow investors,
I was just informed about some upcoming FHA regulation changes to the way PMI insurance is handled and assessed. Previously and currently, if you had a 30 year loan with a LTV greater than 78%...
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Does every conventional mortagage loan requires a 20% down payment? If not, what are some options around it?
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I plan on purchasing my first property around May 2016. Going to use FHA loan to fund potential duplexes. I'm familiar with the basics of FHA loans in regards to investments properties, but wanted to know how easy o...
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Hello all...I am hoping someone has some experience here and can give some advise. Here is the situation....I am an agent and investor in Michigan helping a friend/client find a first home. The perfect home came on th...
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Good morning! I have a vacation home that I am looking to convert into a vacation rental full time and was advised to transfer the title into an LLC to protect my other assets. In addition my legal counsel advised me ...