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What percentage does a FHA loan usually cover in rehabbing a property?
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Hi everyone! Long story short, my fiancé and I house hacked a 3 family for a few years. We bought another duplex to house hack this past February, keeping our first 3 family. We are cash flowing $500/mo at the first 3...
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Attn: Mortgage Lenders ( or anyone with similar experience)These questions have probably been beaten to death on this forum, but I am looking for thoughts on specific situation. I have owned my 3 Family on an FHA Loan...
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Hello, everyone: I was told about a loan assumption strategy but was wondering if anyone has ever done this before, and if so, how did you transfer the property from you individually to an LLC?
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I'm in the process of searching for properties to house-hack with a low down payment (FHA). An investor acquaintance of mine introduced this idea to me today:
1. He buys a foreclosed property and finances rehab with ...
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Hi. I am looking to start with multifamily units but Im wondering how I can afford a decent unit to start with. What options do I have for finanacing? I am planning in buying a unit and living in one apartment. I ...
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I'm looking to buy a triplex with FHA loan. Is there any way I can get a lower PMI or find a FHA lender who has lower PMI rates ?
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We're new to Texas and not sure if the same lending practices hold true for all states? We're wanting to buy an owner-occupied duplex or 4 plex. Would we be able to use an FHA loan for that? In Texas, is it require...
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I am in the middle of selling my current home and buying my new home. Things have been going pretty smooth aside from the fact that the buyers side have been a little more than needy in regards to this home. My home i...
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BP, I'm partnering w/ two individuals to acquire our first 4-unit property in Northeast NJ. We've been discussing financing options, specifically looking at FHA (less equity but 1-year owner occupancy requirement) and...