Found a small apartment 5 unit building around 350k. I know fha does not offer anything more than 4 units. Does anybody know any lenders that would do a 5 unit property?

i have an investment property loan with a local bank for almost a year now. I contacted them about the possibility of receiving a short term loan. they said I needed to contact their commercial division.

I sp...

I wrote a thread last December asking BP member where they think mortgage rates will be headed by March 2014. Many replied that we will be over 5%.The ten year was at 3.0 back in December 27th and continues to drop to...

I have a 2-family under contract for 65,000 in Aurora, IL.

1st - floor $750 & 2nd Floor $750

Landlord pays water and heating

Tenants paid electricity

Tenants are month to month

C...

Hello allI have found a property that I want to purchase and live in.  My question is the home is listed both on the mls (340k) and on hubzu (starting bid 217k).  Of course I want to spend as little as possible But I ...

We are meeting with a CPA next month to discuss tax strategies and planning, but we'd rather know a little now than to go there knowing nothing. Reading through a lot of posts, we know that mortgage interest, property...

Hello Everyone,My husband is Active Navy.  He will be accepting orders to FL and moving in August.  I will remain behind in VA for another year so my daughter can graduate High School.  My plan is to move out of our c...

Do multi family property loans of under 20% have PMI?

If so how is it calculated?

Based on the performance of the asset, is it reasonable to say that if the numbers work I can find a lender that will do 90% LTV? (10...

Hey BP, I have been reading through some of the forums and I see some mixed opinions on this subject, Here's the question: If you don't have enough money for a down payment and your credit isn't the best and you deice...

Hi all! We are trying to cash out from a Non-Warrantable investment condo (High percentage of non-owner occupied units) and not able to do it through conventional Fannie Mae loans. Did anyone have a similar experience...