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I've been talking to a C.Banker in Ohio. He approved me for a 30 yr fixed at 6.675% with 25% down. I'm wondering if there are any loans with the same terms out there with only 10-15% down anymore or am I wasting my ti...
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I am from MI and am signed up through Consumers Energy's " landlord notification" , that meaning if my tenant ever is getting ready for a shut off I will get notified. Well I got notified today. She has 1 week to pay ...
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Hello, I have another question regarding accessing the equity in my home to purchase my second income property. I'm leaning towards the HELOC option to use as a down payment for my second income property. Any thoughts...
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I have a fourplex in Vegas. Each unit has 2 bedrooms, 1 bathroom. I charge a bit below market rent at $520 a month to avoid having vacancies.
There has been several applicants who couldn't only afford to pay ...
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Got a call from a prospect with a full time job & several foster kids for whom he has guardianship. Without the (substantial) payments he receives for each child, he wouldn't qualify under our income criteria. Ho...
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I've been working to purchase a forclosure. I've had good sucess with the bank that owns the 30% loan...I can buy that loan for a good deal...If I do that...do I own anything? I haven't got the bank that owns the othe...
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I currently have in addition to my primary residence which has little equity a rental worth $115k and owe 60K and another rental worth $25k with no mortgage
I have cash to cover repairs and my own personal emerge...
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Hi all,Been doing some research about the multifamily closing process and was wondering the following: Do your escrows for Insurance and Taxes come out of pocket? Or can they be included in the loan amount? How about ...
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I have bought a few rentals in the Chicago area and am put off by the considerable closing costs, especially from the title company. I'm looking at something right now and the down payment is $18,000 (20% down) and t...
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Hey everyone ! I'm looking to buy a multi family here in NYC , I'm trying to do a house hack where I live free or close to it. My dilemma now is I have people willing to cosign me , but they will not be occupying the ...