Hello Everyone! I am looking to purchase a multifamily owner-occupied property through NACA and want to know if it makes sense to use a deferred loan down payment program..particularly the "Employee Assisted Housing ...
Hi Guys…I have a client that has contacted me wanting to know if I could help set up owner financing for his properties. He has 2 SFR and 2 Triplexes. Total estimated value 550K. Gross rents are 5,800. He wants som...
Hey everyone,I’ve come across a unique opportunity. I found an off-market deal where the owner seller financed a commercial multi-family property to someone on a 5 year mortgage with a balloon payment at the end of th...
I’ve searched this topic but couldn’t find the answer I’m looking for. I have a friend in college who is looking to buy a home to live in while attending school but doesn’t have the down payment or income requirements...
Hi,I just got under contract on a 4 family house in NJ using an FHA loan. The owner expects to close in 30 days ( standard closing windows ). But since I'm a First-time homebuyer, I believe I can get at least 10k in d...
Happy Sunday fellow Investors!
My real estate agent reached out to me moments ago as I was working my regular 9-5 job. I have been keeping him up to date with my financial journey as well as my hopes/goals for my nex...
I'd like to talk about getting financing for a primary residence when the borrower has declared chapter 11 bankruptcy on a business.FNMA FNMC guidelines are such that a borrower must wait 2 years from the BK to get an...
First time new construction project.
I received a document called "Completion and Acceptance Letter."
I have to sign it before the last draw is released. Should the project be 100% complete before I sign this as it...
Hello All,I am new to this site, I have been looking for awhile but just joined. I have one rental property that is paid off completely. (Worth about $130,000) I want to be smart and figure out what is the next best s...
Has anyone ever purchased a home (~5 bedrooms) and converted into senior living? I would love to hear about how it went, pros, cons, numbers, anything you are willing to share!