Financing in King of Prussia : Advice

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Saiid Zamani, Real Estate Pro in 19406
Whatever the reason for selling, you?ll want to get the most out of the transact... Read more
Blogged Tue Sep 30, 2014 by Saiid Zamani General Area Home Selling Financing
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Alan Openshaw, Real Estate Pro in Warminster, PA
Alan Openshaw answered:
If 2 people jointly buy a house 1 will be occupying the other will not; does this effect the mortgage rate does it qualify for owner occupied rates?
Hello Mkstar,

If it is an FHA loan you can have a non occupant coborrower and it will not affect the rate.
If it is a conventional loan, if two people buy the house and the occupant ... more
0 votes Share Flag Mon Sep 15, 2014 Financing in 19406
Alan Openshaw, Real Estate Pro in Warminster, PA
Alan Openshaw answered:
Recommendations on a Commercial Mortgage Lender?
Hello Brian,

In what areas are you looking?

Regards,

Alan Openshaw
Cornerstone Lending Inc
Southampton Pa 18966
215 953 0800
cell 267 992 7276
VOTED BEST IN BUCKS 2010 & ... more
0 votes Share Flag Wed Dec 26, 2012 Financing in 19406
Rose Wilkins…, Real Estate Pro in Edmond, OK
Rose Wilkinson answered:
What financing options do I have for gutting and renting a 6 unit apartment building?
The rule of thumb in commercial investing is that the property must be 85% occupied and be at least a 10% capitalization rate in order to qualify for bank financing. Since only 2 out of ... more
0 votes Share Flag Mon Nov 28, 2011 Financing in 19406
Terrence Cha…, Home Owner in Allentown, PA
Terrence Charest answered:
Financing Rental Property: Creditworthiness, Co-Signer, and Down Payment Questions
Just because you have a low down payment for FHA does not mean you have to keep it there. You can purchase up to a four plex with FHA as long as you live in one of the units. When it� ... more
0 votes Share Flag Fri Jan 29, 2010 Financing in 19406
Darren Miller, Real Estate Pro in CA (Licenced in 50 S...
Darren Miller answered:
Any prediction on mortgage rate throughout 08 ?
Anyone can make a guess... We have had our ups and downs in the market before but now it's a whole new animal. The Canadian dollar is worth more than a buck, our jobs are moving over se ... more
0 votes Share Flag Mon Jul 14, 2008 Financing in 19406
Leigh Brown, Real Estate Pro in Charlotte, NC
Leigh Brown answered:
How do I find flexible sellers willing to finance?
Your Realtor should be able to run a custom search on the available homes in your local MLS that are offering owner financing. Good luck in your search!
0 votes Share Flag Thu Oct 25, 2007 Financing in King of Prussia, PA
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