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I’ve been reading about new 3% down payment for first time homebuyers . Does anyone have any insight on it ? Is it better than the standard FHA 3.5%? Maybe some key differences? Would it be a better low monthly mortg...
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So I have an FHA loan on my house and I have put in a good amount of work into it and saved up some money. If I refinance my loan into a conventional loan, would I be able to buy another multi using FHA right after?Si...
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I was just talking to a lender and he mentioned that at most one can have 4 mortgages under their name. How do some investors here have like 10-20+ properties all with mortgages? I don't see a big point in real estat...
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Hello all,I am in the middle of a refinance right now. For reference, I usually pay my mortgage on the first and was planning to make my payment per usual on May 1st.Since I am scheduled to close on May 7th and I tec...
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Has anyone refinanced a 30 year fixed mortgage into a 5/1 ARM? I'm thinking about doing this to significantly lower my payments for the short term. With a 5/1 ARM, the rate is fixed for 5 years (60 payments) and then ...
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Does anyone know of a lender who will work with us on getting a jumbo loan with 10% down. It is on Emerald Coast in FL. Price is 1.3M and would love to only put 10% down. A previous agent (3 years ago, in Oregon) talk...
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Hi there,My question is regarding balloon payments. I saw a deal posted on realtor.com as follows:Fully rented brick 4-plex. Seller will finance with terms acceptable to seller. Minimum 20% DOWN, Accept SELLER'S EXIS...
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Is it possible to finance the purchase and rehab of a Flip with a mortgage?
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What is the best interest rate you can expect to get right now for a single family primary residence conventional loan?
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Hello everyone, hope this is the right ace to ask. I recently changed jobs and have a nice pool of cash in my old 401k that I am going to transfer to a self directed IRA. My new job's 401k I will likely keep traditi...