Daniel Foster
HomePath Financing
I am hoping to get some guidance on HomePath Financing. The description reads, "This is a Fannie Mae HomePath property. Purchase. this property for as little as 3% down!" How is it determined what % down you will ne...
Justin Escajeda
Owner Financing?
Hi everyone, Ive recently had the option to purchase 2 homes for a mere $4,500.00. You can probably tell by the price, they need work. A seasoned investor suggested to me to up the asking price, and offer owner f...
Account Closed
Financing advice
Hello everyone, I'm trying to buy a home that has a legal apt attached as my primary. I foreclosed on a home in March 2008. The local lender told me I'm ineligble for conventional financing and adviced me to do FHA wi...
Account Closed
Math/Finance
What's the connection?
I was at a graduation recently where the commencement speaker announced future plans for each of the Math graduates as they received their diplomas. As I expected, many were headed to ...
Marco Harris II
Financing Quagmire
OK here goes...
I have a foreclosed 3 unit property under contract to purchase for $35,000. I qualify to receive a 5 year forgivable grant in the amount of $36,000 (33,500 from my employer, and 2,500 from Ba...
Indra H.
financing company
Hello, I came across this company on craigslist; has anyone heard of or work with www.amortgageadvisor.com?
Brandon James
Finance question
Hi everyone, here is a finance question I have. Hypothetically if I was interested in purchasing a commercial property for $300k and would be my first property, could I take out a home mortgage or would i be forced t...
John Hauser
Financing Dilemma
Hey everyone! I have a rental building that I own with two partners, on the south side of Chicago. We own it free and clear, and it generates a profit of about $600 per month, and will about double when we get th...
Daniel H.
Seller Financing
Looking for more details on offering seller financing with the sale of my property. I would set up the loan to be secured by the property I am selling and if the buyer got behind in payments by a certain amount, I co...
Veronica Roye
Seller Financing???
Hi!
I ran across a property that is offering seller financing. I have heard this term a lot here on BP, however I'm not sure how I can and would benefit from such an offer. Apparently you have to qualify for it. I do...