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I had a pre-approved buyer for my fix and flip. then his loan was denied because he didn't disclose child support payments on the initial application. I assume it's a debt to income issue.
Any ideas how I can salva...
Are 1st time home buyers given assistance with their down payments ? Never heard of this. There are agencies , city,state, county that assist...
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Do different agency lenders have different spreads and interest rates? Or if I go to one Fannie agency lender and they quote me 5.5%, will another Fannie agency lender quote me the same thing or do they have different...
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Hello all, I am a new investor, currently doing my research on SFH and MFH investing. I am planning on assembling my team before me and my partner actually head out to start taking action. As far as financing (I am ba...
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Im making this post to see if I can obtain more detail from all my BP experts on MIP when financing with a FHA loan. Ive read up on it a little and it seems FHA and 203k loans require this premium that requires you to...
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I’m assuming the legality of this varies from state to state, or province to province (for our Canadian friends) but does anyone have any experience with paying down someone’s loan while in financial distress in excha...
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During the COVID years, I know people were able to refinance rather quickly (3-6 months). How has that changed in 2023 (going into 2024) considering the higher interest rates and economic inflation from late 2022 thr...
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Hey everyone,I'm sure this topic has been addressed several times but it seems I keep getting different answers when talking with different lenders vs. what I've read online. I am rehabbing a property and would like t...
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An FHA loan is a government loan through Fannie Mae that is mostly geared towards first time home buyers. Some lenders vary on minimum credit score, avg being a minimum of 620 credit score3.5% downDTI ultimately up t...
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When it comes to a DSCR loan...does the down payment percentage have to be seasoned funds?