Florida Housing Market For Homebuyers and Renters
There is no sign of any housing market crash, especially in Florida. Home prices are booming with no signs of any correction.
How Do I Use Future Rental Income To Qualify For a Mortgage
In this article, we will cover and discuss using future rental income to qualify for a mortgage. Some first-time home buyers buy two to four-unit multi-unit properties as their first home. They use one of the units as an owner-occupant unit and rent the others for rental income. Multi-unit properties naturally cost more than single-family…
UPDATED 2-to-4 Unit Fannie Mae Multi-Family Mortgage
This manual addresses the modifications in down payment and self-sufficiency for multi-family properties designated as owner-occupant primary residences by the Fannie Mae Multi-Family Mortgage Guidelines. The Fannie Mae Multi-Family Mortgage Guidelines for 2-to-4-unit residences reduce the down payment obligations for owner-occupant borrowers, decreasing it from 15% to 5%. Two-to-four-unit multi-family investment properties do not apply…
Hard Money Lending Chicago For Commercial Real Estate
This blog will cover hard money lending Chicago guidelines for real estate investors. Investors have a preference for where they like to invest their money. This includes lenders of hard money lending Chicago. Gustan Cho Associates are mortgage lenders licensed in 48 states, including Washington, DC, Puerto Rico, and the U.S. Virgin Islands (Not Yet…
