Financing in Norcross : Real Estate Advice

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Annette Levi…, Other/Just Looking in New York, NY
Annette Levinson answered:
If I qualify for a 2nd home at 250k could I qualify to buy 2 125k investments instead? What are my options? A min score? debt ratio? thnx
If you are qualified for a mortgage, they took into consideration the realestate tax and the homeowners' insurance. 2 homes at $125K each would cost more in PITI then the $250K hom ... more
1 vote Share Flag Tue Jan 10, 2012 Financing in Norcross
William Pola…, Real Estate Pro in Boca Raton, FL
William Polack answered:
I am an investor looking for best deal for rental. Which area has the best investment return right now? What is my option to get investment loan?
I'd have to tell you that the best area is going to be Dekalb county if you want to rent. If you want to buy and sell, then go towards gwinnett or cobb county. You can get loans wi ... more
1 vote Share Flag Thu Jul 14, 2011 Financing in Norcross
David - Appr…,  in Maricopa, AZ
David - Appraiser answered:
When using a 203 (k) Loan to purchase a HUD Property, is a new appraisal obtained?
A new appraisal may be required depending on when (or how long ago) the original appraisal of the property was done, and the purpose (intended use) of that appraisal at that time.

20 ... more
0 votes Share Flag Sat Dec 12, 2009 Financing in Norcross
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