Hello, any input on the best market for section 8? Looking for a way to analyze the highest allowance from Sec8 vs the lowest priced homes, wondering where you can get the most bang for your buck. I have heard the tar...
Hello BP.My personal house has been in forbearance since covid. In March of this year my mortgage company instructed me that forbearance would soon be ending and I had a few options.
Option 1. Pay off the entire mo...
I'm a new investor in the Central Florida Area. I'm looking for opinions on whether I should use a mortgage broker or direct lender, in order to finance my first deal. My final goal is to get a good deal and service w...
Just spoke with a loan officer in the Florida panhandle. She explained there would be around $18,000 total in closing costs to purchase a 250k-300k home...approx $11,000 standard closing costs plus $7,900 in "discount...
As a mortgage banker, I often get asked about the Freddie Mac Small Balance Loan Program for Multifamily Properties. Its a great program so here is an overview for people that are interested in learning more.Freddie ...
I'm looking to purchase my first deal in Baltimore, MD and have found a decent deal on a 3 bedroom for 79k that needs little work. The property should cashflow about $340/mo using property management and about $460/mo...
Hi All
I need some suggestions pls. I have one investment property so far. I really want to buy a multi family in cleveland, OH area which would be out of state for me. I have enough money saved for at least 6 months...
I have an urgent decision that I could use help on... My wife and I bought an 11,000 ft² Warehouse space and have white boxed it. It appraises for $800,000 and as of today we have about $550,000 into it with renovatio...
Today was President Trump's inauguration. The administration wasted no time and has halted one of Obama's last minute legislations to cute PMI rates. Correct me if I'm wrong, but I thought Trump is pro-real estate? Is...
Hey guys!Long time lurker, first time poster!I live in Ventura, Ca and the market is through the roof like most other markets. The rent i currently pay is WAY more than id like to and i would like to get started on my...