Hey all,Has anyone had any experience with the Freddie Mac Integrated Mortgage Insurance IMAGIN pilot program or Fannie Mae EPMI Enterprise-Paid Mortgage Insurance?What were the underwriting guidelines?I have a deal w...
Does the 50% rule take into account property management?
My partner and I just finished the rehab portion of a BRRRR deal on a SFH in Pittsburgh. I know that some lenders need to wait 6 months of seasoning before doing the refinance to cash out. I'm also aware of the exce...
Texas Still Outpacing U.S. In Job CreationCOLLEGE STATION (Real Estate Center) – The Texas economy continues to outpace the U.S. economy in job creation.According to the Real Estate Center’s latest Monthly Review of t...
Hey BP family I could use some advice. I'm a wholesaler in Tampa FL but I am wholesaling a house in my home town in Jacksonville FL. My aunt died and left her home to my cousin ( her only living child) will she need ...
Hello folks,Under contract on a 2nd home with 300k cash due to the hotness of the area, I’m not interested in waiting 6 months to “season” before I’m allowed to cash out refi. Also not interested in the Delayed financ...
Hello BP I have quick question.When the notice to preforclosure is given how much time does the property have until forclosure?
I would like to know if a foreclosure and can be reversed if a short sale contract was submitted but the foreclosure went through anyway. Who decides if a property is foreclosed or short sale contract accepted.Thank you
Hello everyone I have a question regarding delayed financing exception.
My understanding is the purchase price and closing costs can be recouped on the cash out refinance. A lender has mentioned that if I was to pu...
What is the legal definition of full time residency once you’ve purchased a property under an FHA or conventional loan? Does it differ from bank to bank in regards to the conventional aspect? Would 178 days out of a y...