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I am about to sell an investment property to a tenant who got a settlement and can now afford a down payment. She is very eager to buy. I own the house free and clear, and would provide seller financing. This is the f...
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Hey BP,
Has anyone worked with a bank in/around the Twin Cities (MN) that's loaned 90% LTV for non owner occupied rental properties?
I am also open to hearing any suggestions for a larger financial institution that ...
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I currently owner occupy a duplex which I bought using FHA financing. I have lived here for just over a year and would like to purchase another property using an FHA loan. The problem is I don't fall into the guidelin...
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Hello,I was thinking of starting to flip houses and was curious of which to do first.should I secure a financing route before I start looking and making offers or the other way around?I am in the NE Metro Atlanta area...
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Hi everyone,I have been owner occupying a duplex (renting out one full unit plus spare bedrooms) in Dover since 2016, get rents totally $3440 monthly, seen great appreciation on the property value, and want to open a...
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I’m a first time home buyer and decided to go FHA 203k. The first mistake was buying a property that required a complete gut. I was sold on the fact that I had a ”good team” from my real estate agent and I would have ...
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Looking to obtain an FHA loan to househack a two through fourplex in Houston. I qualify in all of the categories except one. There are two one month gaps in my employment history over the last 5 years where I was forc...
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Good Morning,
We just currently purchased a 16 door apartment complex with 1031 exchange money and closed about June 20th. We are looking to build two more units on a vacant lot on the property as well as buy an addi...
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HI All,Example: On a million dollar property, the seller will finance w/ 20% down ($200K). Then HML is secured for the $200K.When seller financing, is it common that the seller would take 2nd to HML to close a deal? W...
I am considering buying a beach house with a USDA loan and living in it for a year. Can I rent it out after I live in it for year (or less)? I am finding conflicting information online.