Investment Info:
Small multi-family (2-4 units) buy & hold investment in San Jose.
Purchase price: $380,000
Cash invested: $50,000
Short Sale, 2 units, 3 bed 2 bath house plus a 1 bed 1 bath over...
Just curious if there is a minimum length of stay requirement for multifamily homes purchased under FHA loan? I've read that typically it is a year. Does it vary by lender or is it standard set by all?
Does anyone, investor, banker, or broker or loan officer on here, have experience dealing with larger apartments where government financing is available because the area is low income, high crime, or blighted? I am cu...
HO has an FHA financed loan that is going into default. They have a MMIP of $81.45 for 13 years! Ouch! They are into the loan for 12 months so far.
2 questions here:
1. Will FHA payoff the loan default similar to a...
HO has an FHA financed loan that is going into default. They have a MMIP of $81.45 for 13 years! Ouch! They are into the loan for 12 months so far.
2 questions here:
1. Will FHA payoff the loan default similar to a...
how's the process for an FHA Loan? What's the Down payment? I currently have no credit
Hello,
I’m currently 17 doing as much research as possible to educate myself when it comes to real estate investing through various methods. How would I go about investing in real estate in New York? I’ve been told n...
HO has an FHA financed loan that is going into default. They have a MMIP of $81.45 for 13 years! Ouch! They are into the loan for 12 months so far.
2 questions here:
1. Will FHA payoff the loan default similar to a...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $240,000
Cash invested: $7,500
Sale price: $540,000
First home purchase. Bought with FHA Financing. Occupied fo...
Tomorrow I'm closing on my first home and it's a triplex. I purchased it with FHA financing and need to move into the third floor (first lease to expire). The lease expires April 30th. I can't seem to find a letter on...