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I'm looking at buying a first mortgage foreclosure in Luzerne county PA.. Does anyone know if back HOA fees are wiped out by a first mortgage foreclosure purchased by a 3rd party (me)
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It seems most lender requires 2-6 months reserve for your mortgages. How much do you actually keep in your reserve and where do you keep them? Money market and CDs do not pay much.
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I'm currently house hacking (a duplex, with a tenant in the back unit and me and my family in the front unit) and looking to save the rental income towards my next down payment. I'd like to buy my next house to live i...
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Pretty straight forward ask but the term "owner financing" is thrown around so much. I have heard some people say it's not possible if there is still a mortgage. I've heard other people talk about assuming the curre...
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Greetings,Looking for advice to see if it's possible to get a mortgage to buy into a property with 2 owners.One of the owner is looking to cash out, is it possible to get approved by the bank to buy out one of the own...
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Hi BP community!
After educating myself for some time, I’ve been making baby steps in developing my plan and strategy to purchase my 1st property.
I recently spoke with an investor friendly real estate agent and he ...
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I have a friend who owned a house free and clear and sold it to a buyer via a land contract. The house is worth about $120,000 and there is a balance of $75,000 still owed on the land contract to my friend. The monthl...
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I need to move to NC. I am working now in NYC. But out of state I will have no job. I can't qual for a mortgage without one. I have been thinking of ways to get mortgage, and decided (reluctantly) that what if I ge...
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https://www.msn.com/en-us/finance/realestate/cfpb-moves-to-eliminate-mortgage-debt-to-income-rule-for-borrowers/ar-BBZc1Wx?fbclid=IwAR1vM7rJzdlyw7NJsykjY6Qnxje7TSwi-MytrGicaap9oMNXj8ch9eSKI-gCould be a game changer!!
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Hi all,
Does anyone have a template of a mortgage/note for Ohio? My partner will lend me funds and record a note as the 1st lien on my property.
Thanks!