Well, mortgage have in fact fallen below 6% for well qualified primary home buyers. The effect on buyer activity (at least in our neck of the woods/waves) has been near instantaneous. Several investor clients that hav...
Just wanted to share some insight regarding foreign national loans and mortgages for international investors without a FICO or US credit score asI've had a a recent uptick in international buyer activity and interest....
Ok, I'll state up front I don't think this is likely but I find it an intriguing conspiracy theory. Basically, the theory goes like this. Last time, the hedge funds knew we were in a housing bubble and were betting a...
Yesterday, I posted about how we can solve affordable housing in America.I had over 80 responses and the conversation got very political, which was not entirely a surprise.My question though is what economic model is ...
Options/Advise requested.Looking to purchase an old home with low money down (up to 5%). Home need quite a bit of cosmetic work, most of which I am capable of doing over time. I am trying to avoid an FHA (203K) becaus...
Hello everyone,My name is Thomas, myself and my girlfriend Allie are looking to start purchasing rental properties in the SoCal area. We recently bought a house in December of 2017 using an FHA loan with 3.5% down. To...
Are there any restrictions to continuing to take depreciation and interest deductions during a long term renovation of a rental property?
Investors and agents - I came across a new program that should help fill in the gap left between FHA (with the restrictive self-sufficiency test and lower loan limits) and what Home Possible previously provided. Bel...
I recently left my full-time day job to fully commit to being a real estate agent, but I just learned from my lender that despite being in a very healthy financial position, I am not eligible for traditional financing...
Hi, We are rehabbing a house in an established neighborhood in Sevier County, TN and can’t decide whether to keep it as a STR or just flip . It’s at the end of a cul-de-sac, safe and quiet street, and there are curren...