FHA Flipping Guidelines For Homebuyers and Investors
HUD, the parent of FHA, has strict rules on financing home buyers who are buying property flips.
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HUD, the parent of FHA, has strict rules on financing home buyers who are buying property flips.
California FHA 203k Loans are a great home purchase acquisition and renovation loan program with a 3,5% down payment of the after-repair value for homebuyers of fixer-uppers. Homebuyers of fixer-uppers can gut/rehab and/or renovate the home they are buying. California has one of the highest housing prices in the nation. Many Californians are not able…
This guide covers the mortgage loan programs for homebuyers. There are several types of mortgage loan programs. The mortgage process can be quite complex and confusing due to the many different types of mortgage loan programs and the countless regulations and the constant changes in mortgage regulations. Not all borrowers will qualify for a particular…
Can You Close Your Investment Property Under A Limited Liability Corporation? Many wholesale real estate investors will not allow borrowers of investment properties to close
This guide covers investing in a distressed property and what you need to know. Distressed properties refer to properties for which the owner defaults on the mortgage. Investing in distressed homes became very common in the late 2000s, with a third of home sales between 2008 and 2011 falling into this category, according to Money…
This blog will discuss and cover fix-and-flip mortgage loans. The fix-and-flip mortgage option is one of the most popular loan programs for real estate investors and rehabbers. Several wholesale lenders offer fix-and-flip mortgage loans offer says John Strange, a senior loan officer at Gustan Cho Associates who is an expert on flip-and-fix mortgage loans: The…