I'm working on two real estate deals and was pre-approved for both (a Single Family Home (SFH) and duplex). I've gotten appraisals on one property and inspections passed underwriter final review on the SFH. On the d...
I have someone wanting to purchase one of our houses and they have a previous foreclosure. Can any of the mortgage experts on here tell me if it's realistic that they get financing? Here's their situation...
Fell beh...
hi there,I'm about to get my first property under contract using owner financing by 10% down and all payments going towards principal for 20 years! My question is the previous owner still has the first lien on the hou...
We're renting a property because it's in a hard to sell area. An acquaintance has expressed an interest. He initially stated that he and his wife could only afford between $650 -$700.00 a month.I wanted to charge $700...
Hello everyone,
I have a unique situation regarding a real estate transaction within my family, and I'm seeking some guidance and advice. I hope you can provide me with some insights or share any experiences you may ...
I listened to former CEO of BB&T John Allison speak at Harvard Law School this morning. Give us Liberty, but not a Bailout!He talked about bad mistakes made in real estate driven by governmental policy. And anxiet...
Wondering what people's experiences have been in regards to renting to section 8 and working section 8 tenants? How was the process of dealing with the government? Is there any special rules and regulations that diff...
Hi,I am new investor who owns both a duplex, and the current Single-Family home I live in myself. I put 3.5% down FHA on the duplex 1.5 years ago, and bought my primary 6 months ago with 5% down conventional. I live...
My investment condo has been in litigation against the builder for construction defects for almost 4 years and finally settled last month. I'm wondering if I will have problem doing a cash out refi now (LTV is <45...
So... I was slapped with a mortgage denial from the lender. The whole FHA 203k project is fantastic on paper, with the total purchase price + 203k standard rehab totaling to 565k on a 2 unit to 3 unit (legal) conversi...