November 27, 2012 Buy a 6 unit building (1) I want to buy a 6 unit multi-family building in Michigan as rental property. I heard it has to be commercial loan. Can I get get commercial loan as individual ? I can put 20% down. I don't have landlord experience but my income will be sufficient to cover the mortgage payment. My credit score is between 760-780. Thank you
February 7, 2012 Invest Prop Refinance (1) Looking to refinance out of a hard money loan and place permanent financing on a two unit investment property in 20001 zip. Gross is a fully documented $14k per month and I have fair credit. I'm looking for LTV of at least 60%. No second mortgage on this property. Hard money loan term expires in July.
September 21, 2011 Streamline refi condo (2) Can I streamline refinace my non-owner occupied condo? If so, what would my rate be for a 15yr-fixed loan with 1pt? My credit scores are above 730, I have never been late on any of my payments, and the condo fee delinquency rate is less than 15%. The property is located in Howard County, MD.
June 10, 2015 New Mortgage Question (0) Hello,
I have a BK 7 that will be 2 years old this coming August. My wife and I short sold the property that was in the BK 4 months ago we are not on a CAIVERS report. We have reestablished our credit with scores above 700 on all three credit bureaus and would like to purchase a home with a 5% down payment. I have been unable to find […]