This is a sample with a 4.5% rate 30 year fixed payment qualification includes tax and insurance and $500 in borrower monthly debt (car, credit cards...) DTI ratios at 43% after Jan 10 and 50% before Jan 10
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Hi, I am a 23 yr. old mother of two (5yr and 2yr) and I am living in a section 8 rental home. I moved in the home on Nov. 1, 2013. I am not satisfied with the house now because its not energy efficient and uninhabi...
Hello, I want to get my calculations as correct as possible for determining possible cash flow. I've been told that flood insurance can be a little or a lot depending on where you are in Sac. I looked at the flood...
Is there a niche for renting C and D class properties to sex offenders? I've worked with this population in the past and the majority live in C or D class neighborhoods. Less than 5% of sex offender re-offend after ...
Hello,I've lived in a home for 20 years (it's a 50 year old, 1200 sq ft modular home that has very dated decor, drop ceiling, and in fair condition) and it's currently listed for sale. It's paid off. I have an offer f...
I have a question regarding credit checks. I am a renter. This is a position that we are, unfortunately, stuck in for at least a few more years before we will be able to purchase due to past credit issues. We ...
When assigning a Lease Option I would:Letter of intentLease agreementOption to purchase agreementBetween seller and I, then:Assign to end buyerCollect option fee and step out of deal. Since it is not considered down p...
Hello all! I am looking to purchase my first small multifamily property through house hacking. I am looking at two different loan options for an owner-occupied property. The first being a 3.5% down FHA loan. The secon...
I am an international investor. My property manager of 2-bd condo in Orlando Fl, asked for repair cost of over $3000. I sent for them. Did not receive any invoices or the status of the repair. They asked again for mor...
Hi all,I have a situation that I really need everyone's advice on. I bought a flip in Maryland a couple months ago and hired a licensed Maryland contractor for the reno. It was supposed to be completed at the end of M...