Jake Skinner
Mortgage Lenders, FHA Guidelines Question
I got an interesting question for Mortgage Lenders. Anyone on here in that business? If someone removes a spouse from a deed and goes to sell the house immediately (within 90 days) will the sell of the house be ok wit...
James R aduna
Using an FHA Loan to buy out of state.
BP Community,
Can you please clarify for me the following question? I'm looking into possibly using an FHA Loan to purchase a 4 Unit Investment out of state. I understand should I purchase a 4-unit home I must resid...
Oliver James
Mortage without FHA
Is there a way to get a non-FHA mortgage?I have a house that is not FHA financeable, and I can't get it to the state where it can be. I have a buyer that is interested, but I don't want to do seller financing, because...
Steven J. Umaña
Financing for owner occupied duplex
is there anyway to get a 5% conventional loan on a duplex if you already have an FHA loan? Anything. Any tips on structuring it differently. Goal is to come up as little cash as possible. Thanks Steve
Fatima Bassett
Living in Owner Financed Rental Property
Hello!
My name is Fatima Bassett and I am trying to jump into real estate within the next year and I just discovered the owner financing option. However, I not only would like a multi home property but also a multi h...
Yancy Martin
CalHFA and FHA is your best bet for 100% financing.
CalHFA and FHA is your best bet for 100% financing.
Times are different when it comes down to a qualified borrower. If you have a low credit score, you don't make enough money. Guess what? Most people will tell you t...
Adam L.
FHA Eligibility and Bonus HELOC Situation
As a newbie, I was wondering if seeking a conventional loan for my first rental property will affect my eligibility in the future to get a FHA loan to purchase my first primary SFR? I have never owned a home and my ne...
James Masotti
Fannie Mae property with outstanding code violations
I'm looking at a Fannie Mae property right now that is a legal duplex that the owner tried to add an illegal efficiency to. An inspection was done back in March by the township (while Fannie Mae owned the property) an...
Quandra Adams
Pros & Cons of Owner/Seller financing?
Pros & Cons of Owner/Seller financing? I have already been pre-approved, have about 12K saved and have found a good number of properties but I do not want to kickout 7K+ for a multifamily (this is usually how my n...
Chance Monteith
First Investment
This is my first ever question posted to BP!Anyways, by the end of the year, I plan on purchasing a multifamily property to house hack. My brother and I are going to live in a unit, and rent the other(s) out.My questi...