Buying a Duplex to live in with an FHA mortgage
One of my favorite blogs to follow, Get Rich Slowly, recently published Reader Stories: I bought a duplex to save money on rent. The...
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Buying Your First Investment Property Guide Book
This is my first "book release"...okay... it's an "electronic book" or what I refer to as a "guide book". I plan on writing several...
read moreBuying a 2-4 Unit Home using an FHA Mortgage
If you are considering buying a duplex, triplex or fourplex and you're going to live in one of the units, FHA is a possible mortgage...
read moreFHA Streamlined Refi Revamped and Revisited
There is a lot of interest in the FHA streamlined refinance since HUD has greatly reduced the mortgage insurance premiums for some...
read moreBuying Your First Investment Property
With real estate becoming more affordable and mortgage interest rates at an historic low, it's easy to see why some people are...
read moreHow to Buy an Investment Property with a 10 Percent Down Payment with no PMI: Fannie Mae Homepath Mortgage
Seattle area investors are taking advantage of current lower home prices and are buying rental properties. One of the...
read moreDetermining Net Rental Income when Qualifying for a Mortgage
Rental income is generally not fully credited when qualifying for a mortgage. Lenders will "discount" the rent because of...
read moreBuying a Home with Owner Occupied Financing After Refinancing Your Home as Owner Occupied
I’m seeing a trend where home owners are refinancing their current home as “owner occupied” and then weeks after...
read moreFannie Mae’s HomePath Program
Fannie Mae’s HomePath program is available to purchase qualified foreclosed homes (owned by Fannie Mae) with...
read moreCan I Convert My Existing Home to an Investment Property to Buy My Next Home?
This is a common question I'm asked these days...mostly because many home owners don't have as much equity as they would need in...
read moreFinancing an Investment Property
Update 7/31/2008: Fannie Mae guidelines have been updated for investment properties since this post was written. This post is...
read moreIs it a Primary Residence, a Second Home or Investment Property?
Every so often, someone will be interested in financing for a home they will not be living in 100% of the time…they want the...
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