Blanca Wilson
FHA Loan Terms - What the heck do they mean by this?
So I'm searching for an FHA Loan to purchase a 4-plex and I come across this statement "*Product available on Fixed Rate Conventional Products only. No FHA, VA or Jumbo Products. No State Restrictions." For those of y...
Evelyn V.
Low Down Payment Options for 2-4 Multifamily Units
Hi BP, I'm currently looking to put a low down payment on my first 2-4 unit primary residence, and I've been pre approved to go with FHA. A lot of the homes I'm interested don't qualify for FHA financing due to their ...
Shari B.
When am i bound to go through with a refinance?
I am shopping around for a cash out refi on a rental property and have a couple of very good prospects. Conventional loan, excellent credit and reserves, nothing owed on the property and the property is seasoned. One ...
Olusola Abitogun
Mortgage Lender Wanted
We have 2 investment properties that we need to refinance.Credit: 613 (Low mostly because of high Credit Card usage to complete the project.)Income $140K/yr, No personal mortgage Location: Phillipsburg, NJProperty 1:4...
Account Closed
Any Success with VA Loan for SFR in Burbank
Has anyone had success using a VA loan for house (3bd/2 bath, <1M) in Burbank recently?I have talked to several brokers who have told me that it is rare but possible...Trying to weigh the benefit of refinancing pri...
Joseph Micheal
Owner Occupy with Lowest Down Payment
Hi All,
Im looking to owner occupy a duplex property and keep as much cash in my pocket as possible.
I have spoken to a few bank and brokers who have told me its 3.5% for FHA or 15% for conventional.
Are there a...
Travis Peterson
Best option for financing vacation home.
I am looking to purchase a vacation home in the Phoenix AZ market. This will be a vacation home for my family and a STR when not in use by us. My budget is $1,200,000 and I can put 20% down. What is the best option...
Moncy Samuel
LLC Question for an out of state multifamily property
I reside in Georgia and closed on a Quadruplex in SC using conventional loan. I am considering to move the property to an LLC and was seeking some guidance on whether this LLC need to be registered in SC or Georgia. A...
Marcus Ethen
When to make my first small multifamily deal
Hey everyone my name is Marcus, I am a recent college graduate and I am looking to start investing in small multifamily housing units in Omaha, NE. I am currently trying to decide if I should try to pay off my student...
Christian Hutchinson
Lending Options Multiple Properties
We have several rental properties. Some owned outright for Cash, one has a mortgage.We are selling two properties in the next 60 days. We want to take the proceeds from those sales, which will be between 85-115K and...