Melanie E. Miller
Lending for FIRST TIME HOMEBUYERS
Hi guys! I’m a real estate broker in the Chicagoland area- can any lenders offer some insight on how to help first time home buyers qualify for the FHA program despite having student loan debt. A lot of my current len...
Rob Shah
Townhouse for $110K with No Association
I found a townhouse near my area that on the market as a conventional sale (not bank or homepath owned). The property is going for $110K and its a small 2 bedroom, 1.5 bath, 1 car garage, all appliances like new a...
Justin Rogers
Lender LTV changes on Multifamily primary residence?
Last year I house hacked a triplex and got a conventional loan for 5% down because it would be my primary residence.When applying for a new loan looking to do the same thing this year, I'm being told the highest loan ...
Ken M Middleton
2nd investment property
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $87,000
Cash invested: $1,200
This is our second investment buy. It was in a B- neighborhood, so we were a little w...
Derek Morrison
Out of state financing
If I live in MA and want to buy a property in Arizona, do I need to get a loan in MA or AZ? (assuming traditional bank financing)
Tyler Turpin
FHA Eligibility Question (just brainstorming)
I have an FHA loan on one property. I have lived in it for more than one year so I can move legally.
Would it possible for my wife to take out another FHA loan to purchase another multifamily? Is it more like 1 loan...
Dina Abbott
Creative financing or had money lender?
I have $130 k in equity in my primary residence and $50 k in equity in my first an only investment property. Do I need to get a hard money lender to purchase another investment property or is there a creative form of ...
Fernando Asencio
BANK LOAN
would it be smart to invest in a property telling the banks its for you when its really for a investment property? the down payment is totally different! from 4% to 20% !i know alot of people do this.. your thoug...
Stephanie Minor
FHA, partnership, refinancing
Hi everyone,
I have several options available to me right now to purchase a multi family (preferably a triplex or quad) that I'm trying to sort through. Options are good, but I also want to do what's best for me to r...
Aaron Barrett
Loaning Down payment
I have a deal lined up to buy a duplex in Wisconsin. My parents own a few rental properties that are paid off and we are interested in taking out a HELOC on one of their properties and using it to fund the down paymen...