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Hey all,So I am looking at purchasing my first rental property. Being from Mass, I have the ability to take a "FHA" type loan out, but with that I would need the loan in my name, and I would need to stay in the proper...
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Hello,I'm looking to broker my buyer's loans to purchase apartment buildings. I've done some brokering in the past. But I have clients who claim they have this and that and I need to pre qualify them. I'm an invest...
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I'm in the process of purchasing an investment property individually, my wife is not a co-applicant for the loan. The mortgage for the property where we live is solely in her name. My question is do I need to submit t...
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I'm looking to purchase my first home and I have good credit. Here is my plan: 1. Put down 3.5% and receive an FHA loan to purchase a multifamily home with 3 units and 3 bedrooms per unit2. Live in one of the bedrooms...
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So I am trying to figure out the best way to sell a property to an end buyer. I signed a contract to buy a single family home from my grandmother in March for an agreed upon price (120k). I have a closing date on that...
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Greetings all,My offer has been accepted on a duplex that I plan to owner occupy but currently both sides are rented. 1. I asked my lender if one side needs to be vacant to owner occupy and they said no. I'm not sure ...
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I have some questions about getting a construction loan from a bank for ground up development. Typically a bank will want the investor/developer to have a certain amount of money as "reserves" that is in addition to ...
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I had all but given up on selling notes. All the instaitutions want to give you 65% of the note balance or worse. With the standards note buyers were setting for my payers I could get them a new loan if they had all t...
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I got a letter in the mail about TARP, P-PIP, and how a firm here in Vegas could buy my loan from the mortgage company then use TARP money to subsidize a reduction in principle/negative equity of my mortgage. I calle...
Is it possible to acquire an FHA loan for a 4 unit property if the owner is interested in have a package sale for another 4 unit property. I would be dwelling in one of the units to fulfill the FHA requirements, and t...