Do you have an FHA mortgage now?
It has to make sense!
Also, if you don't have 30% equity in the current home, they will not count the rent ... more
There is a new FHA refi program that you may qualify for which will bring your interest rate down making your home more affordable.
To qualify to purchase anothe ... more
If you would like I can set you ... more
Look at this blog it will help you to learn more about mortgages and VA deals.
I've got most of my answers there as well.
Thank you for your question. Here are the basics of the program.
This special financing is available on Fannie Mae homes with the following logo:
The benefits includ ... more
This is certainly more difficult than an ordinary short sale, and, quite frankly, I do not think the banks will cooperate. There are some difficult nuances here that, in my o ... more
You can only have 1 FHA loan at a time. You can refinance into a conventional loan out of your current FHA loan. And then you will eligible for a new 3.5% down FHA loan o ... more
Not necessarily. We are talking about to different kinds of markets. This is the time when investors are looking to purchase well priced two-flats or multi-units for rental inc ... more
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