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My husband and I have had our main home for 11 years. Two years ago we got a screaming deal on a family property which we purchased (with a mortgage) and then did a complete remodel. Now we need to make a decision on ...
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I properly recorded a second mortgage on a property. The first mortgage holder sold the property in a foreclosure sale without any notice to me. Is the sale proper? what can of notice was I supposed to receive? how do...
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Hello all,I tried my best to understand the BRRR strategy but not sure if this is right in my situation.
I have a first rental property purchased at 110K with a cash flow of 600. I rehabbed it with additional 15K in ...
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How long is the seasoning period once you purchase a home in cash before you can refinance? Are there lenders out there that have no seasoning requirements? My wife and I are about to purchase a tax deed home and I’m ...
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Has anyone worked with a lender who has successfully used Fannie Mae's 5-10 program in California or else where.
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I have a property that I will be purchasing sub to. The owners are great people and they understand the risk pertaining to the due on sale clause and know that if we miss payments it will hurt them.I went to Escrow to...
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Good Morning,I have an existing mortgage on a property that I Airbnb. The mortgage is behind, but I have made made my monthly payments for about a year. Right now, the Airbnb income covers the existing mortgage. H...
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I have a client seeking an owner occupied short term mortgage (12 months) that doesn't require a min credit score. The husband's score is around 475-500 and the wife's is around 550. The husband was ill and they fel...
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Howdy –I have 1 rental in Dallas, and 9 rentals in AZ. All of the properties have FNMA financing and therefore, I’ve maxed out the 10 financed properties with FNMA. I would like to continue obtaining FNMA financing, ...
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I am trying to find what the current mortgage rates are for investment properties. Most of these would be for rent and I think 20% down payment. I tried asking a few lenders but the rates are very different from 4.5-6...