Any commercial lenders what's the best way to buy a 70% occupied apartment building.  I will be glad to give details just not sure if I can post in forum.

I am considering using a Reverse Mortgage with the house I am in or selling it and using a Reverse Mortgage tobuy my next house.  I need more information and a better understanding of Reverse Mortgages in order to mak...

Hello everyone, We have applied for a conventional mortgage through TrustCo bank Terms are 3.75 interest, 3.787 [email protected] down , no PMI , no escrow required , and they are waiving appraisal fee and app fee ,800 off cl...

Hi All,I am looking to pull an FHA loan and I've noticed the rates have jumped after the election. Can anyone provide any advice on whether they will keep rallying or this was just a knee jerk reaction that will soon ...

Hello BP, I have a question about mortgage options for a rental property.  I would like to find a house for under 150k to rent but I don't know much about the mortgages that I can use.  I can't rent out a house with a...

Hi BP'ers!

I tried searching on the forum and don't seem to be able to find an answer specific to mine.

I have a seller willing to sell me his portfolio of 14 properties.
I am currently still reviewing the tenants l...

When buying a rental property such as a 2 family house. How does the bank know if you are buying it as a owner occupied or strictly a rental ?

Would this be considered mortgage fraud? I'm in the process of purchasing a rental property ($33,500) and the mortgage company is requiring me to put 10% down. The mortgage is a "construction loan" so I will have to p...

Hello, I'm not real familiar with the mortgage process. Someone put in an offer for a 2-flat I'm selling with about 1% earnest money and a mortgage contingency that says he has 2 months to fully qualify for a mortgage...

Hello Everyone, I am new to BP, I am trying to understand about mortgage positions in a title search. Would be a great help if someone can provide details.

A property first mortgage is recorded on some x date
A secon...