Updated over 1 year ago on . Most recent reply
First attempt on MTR
I need some assistance with funding a MTR deal. Had a partner that had to step away until October, but I don't want to miss out on an opportunity.
Thinking about FHA. The seller may be willing to Seller-Fi a small portion.
The property is great and currently has minimal vacancy. Not sure if a local bank may be better than FHA, or are there other avenues that I should explore?
Thinking about FHA. The seller may be willing to Seller-Fi a small portion.
The property is great and currently has minimal vacancy. Not sure if a local bank may be better than FHA, or are there other avenues that I should explore?
Most Popular Reply
For FHA, you typically have to occupy the home, at least initially. If you don't plan to occupy the home, I would love to a lending broker in the area to find you the best deal to either do an investment loan or DSCR type loan.