Loan limits increase from a single family to a four plexHere is a link to maximum loan limits for FHA and Fannie Mae and Freddie Mac..... The maximum loan limit is countywide.https://entp.hud.gov/idapp/html/hicostlook...
Hi All,
I am considering purchasing a second home in Killington VT and I am looking for a local lender who can work with me on a second home mortgage. I would like to put 5-10 percent down. What is the maximum loan a...
Hello everyone, so we are at the closing stage of a home we are buying to live in. The home will be in my name since my girlfriend doesn’t have much of any credit yet. Got a email stating I needed more cash in reserve...
I am trying to pull money out of a property that is completely paid off and I'm running into issues. My normal institutions would not do a home equity or cash out for a rental, so I decided to try Rocketmartgage (RM)...
I'm an "Accidental Landlord", I had to foreclose and inherited month by month tenants. Haven't gotten a new lease signed with them yet. They are hard-working folks (A husband & wife in their 60s) that pay on-tim...
I am a full time licensed investor living in San Antonio TX. I own rentals here, and a duplex in Buffalo NY.
My intention, prior to the absolutely ridiculous new laws the wonderful state of NY passed last year was ...
Hi All,
Was hoping if anybody had some recommended stories on what they look for in a floor plan. To me I would think there could be extreme value in a property, that due to its current engineering allows for l...
Regarding any class apartment where the owner is likely responsible for water/sewer. Do feel the lower, 1.28gpf or less toilets are worth putting in even if you don't currently need a replacement. I've had plumbers te...
I currently have a duplex under an LLC. I am rehabbing one side with a HELOC, and the other side needs to be completely rehabbed now and the cost will run around 60k. Any advice of which type of business line of creed...
Im in the process of getting my first duplex as an owner occupier. I just got my appraisal report and it said suggested rent for the two units is about $650 and $675 per month. I will be inhering one tenant thats been...