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what kind of difference in rate are we talking about here?
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I have a STR which I renovated using a HELOC on my primary home. Balance is $79k at 7%. No other mortgage on the STR. The STR has been in business now for 8 months. Gross earnings average is $2k per month. Is it p...
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Hello All,I have a place I am about to make an offer on in Baltimore, MD. Over the last few months while shopping for a place, I was told I need to put 20% down since this would not be my primary residence. It is too ...
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Is it possible to refi a FHA loan and turn it to a conventional loan? And once this is done can I apply for another FHA Loan?
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Hi everyone have read some blog posts but wondering if anyone has came across this subdivision scenario.I have a SFH that is valued around 325k. I have over 50% equity in the home currently. I am in process of subdivi...
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Hello everyone,I am purchasing a duplex that is fully leased and the seller has decided to credit me the security deposit ($600) and rent ($1200) for the month of October at closing to be reflected on the HUD.Since th...
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Taking in consideration that prices are going up as well as interest rates and also FHA raised its mortgage insurance premium. what are the chances of obtaining a conventional mortgage Loan with 10% down? Many lenders...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $56,000
This was a nicely situated 4 bed room that i was able to find at 55,000 was able to offer in at 54,000 but had ...
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Hello! One of my clients just asked if putting less than 15% DOWN on multifamily was possible. I checked with my go-to lenders and they didn't have any loan products that fit besides FHA. He will be an owner-occupant ...
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House Hacking is a great way to become a homeowner and landlord at once! Not to mention- it is a lot cheaper way to buy an investment property rather than putting 20% Down. Which loan do you use…. Conventional or FHA?...