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All Forum Posts by: Duane Hill

Duane Hill has started 3 posts and replied 3 times.

Post: Property number TWO ?

Duane HillPosted
  • New to Real Estate
  • Ohio
  • Posts 3
  • Votes 2

Hello BP WORLD. I just recently closed on my first single family house a month and a half ago, and I've already found another good deal on a single family. I have $0 at this point but I'm losing sleep trying to figure out how I can make a move on the property. Does anyone have any ideas or suggestions to what I can possibly do to gain ownership?

Post: Title company contingency ?

Duane HillPosted
  • New to Real Estate
  • Ohio
  • Posts 3
  • Votes 2

Hello BP World. I am extremely curious. Why are sellers/buyers so astringently firm on using a specific title company?? I almost missed an opportunity to close on my first house, due to an erroneous change of the title company in the contract.

Post: Good guys v.s. Bad Guys

Duane HillPosted
  • New to Real Estate
  • Ohio
  • Posts 3
  • Votes 2

So I live in Ohio and am completely new to the real estate world. Im under contract right now, trying to buy my first property ever. Which is a duplex btw. I was approved for a conventional loan with a 3.5% interest rate a month and a week ago from today. Out of nowhere my "mortgage broker" tells me that im only approved for an FHA loan and if i switched to a conventional loan my interest rate would go up and I would need 15% down on the loan. Is this even legal???