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I was under contract to purchase a 4 plex through an FHA loan with 3.5% down. My underwriting was complete and I was fully qualified, but the FHA loan was not approved because the rents listed in the appraisal didn't...
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Hello BP,I am planning to house hack in Boone, NC in the next 6 months and am in the process of getting pre-approved for a FHA or 203k FHA loan and a 3.5 percent down payment. My goal is a duplex or triplex. The price...
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I am trying to buy my first sfh in Ventura,ca
I used to think that condo's have hoa fees but most of the sfh homes I am finding also have hoa dues.
Can someone explain if there is a general rule to hoa fees ? Does...
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I currently have a single tenant in a 2bd apartment with about 6 months left on her lease. Her friend will be moving in and has already been approved. She doesn't know exactly how long she will be staying because it's...
If I have an option to purchase land, what am I able to do with it while it's under contract?
Can I subdivide it?
Can I turn it into a mobile home park?
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I am planning to buy investment property but seller would rather work with the property inspector they recommend/ approve than what I have in mind. Is this common?Reason given was some inspectors don’t know enough abo...
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I've not used a portfolio loan yet, but I'm interested in applying for one. Do you commonly pay on it monthly? Are they one lump sum repayment or interest only?
Thank you for any help! :)
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Is there anyone in Baltimore County, MD that has experience with getting a public service meter? My electrician is separating the boxes for two units, but we learned we may need a third meter to run the common areas. ...
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I have a problem that has me completely stumped at the moment. I have a property (1 unit of a duplex) that is currently tenant-occupied. The sewer line runs out of my unit, under the lawn and driveway of the other uni...
Bullet Points:I am the owner of a triplex that was converted to condos.We have a lot of equity and I'd like to do a re-fi. You can’t get a government backed refi on a condo if a single owner (of a 2 to 4 unit property...