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I need to move out of my current home. Unforseen circumstances have occured. I purchased the home within the past 3 months. This is a conventional mortgage. FNMA has already bought the loan. My lender, 5/3 bank told ...
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How long does a lender usually want a borrower to live in a primary residence before they move out and make it a rental property, (in order to keep the lower primary-residence loan rate)?
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Hello, Bigger Pockets!!It is with great joy that I announce that my wife, Piper, and I have closed on our first rental property! We bought a 2/1 in OH and have the property management company in place to get it rented...
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In some circumstances HUD 223F is able to do 100% financing.
Please contact your commercial mortgage brokers and ask them to investigate the specific conditions and r...
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So after reading "The book on investing in real estate with no and low money down" (thanks Brandon) I learned that the 203k loan is a part of the FHA family. Now I am aware that you can only have one FHA loan at a ti...
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I am looking to buy a specific property but the guy is underwater. He's willing to take a loss but so far discussion is just paying off what he owes as the sales price. At first I didn't think there would be much di...
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Let's say I buy a 4 plex under fha I know u have to live in one unit for a year but what if I decide I don't like the neighborhood after I move in and decide to leave before the year. Would there be any problem if the...
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I have about $60K in 401(K) accounts and approximately $100K in equity in my home. I want to invest but I don’t have any liquid cash besides what is in these accounts. I am not against taking money from 401K for real ...
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I am writing to share my experience in the event that it is helpful to someone else.I am purchasing my first house (a duplex) in the city of Buffalo, New York via the FHA loan, and I had initially used Bank of America...
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Im very new here and Im trying to learn about real estate investments. I was wondering if I dont have enough money for a down payment can I ask the seller to loan me some money so I have enough for a down payment? Tha...