November 9, 2011 DC Invest. Property Refi (2) I own and rent out a condo in DC, which I am looking to refinance. I have only found one lender which advertises even the possibility of refinancing an investment property. Can you provide me with any information on where to look for competitive rates for investment property refinance? I have excellent (800+) credit, and the ability […]
February 7, 2012 FHA financing- 6 unit (1) I have a customer who wants to purchase 6 unit investment property in Atlanta, Ga. Is there an FHA loan that only requires 15% down payment that we can apply for? All 6 units are fully occupied. Building is approx. 6 years old. Purchase price $330,000. Fico score 770.
March 2, 2013 HELP!!!! (1) I have a condo to sell in Bowie MD. The buyer has very, good credit, &150,00 dollars in the bank. and the Bank will not quarantee the loan because other residents in the property have been delinquent in there HOA fees. This condo is paid for and need to use the money to purchase another home...How is that fair that no-one can sell […]
June 9, 2012 Help needed for a condo (1) I am in the process of purchasing an investment Condo unit in Gaithersburg MD. Unfortunately, the condo firm has currently above 15% delinquency rate. I have excellent credit score and may pay down over 30%. I don\'t have any current mortgage and have paid off my principal residence here in Montgomery Village, MD. I have a regular […]