All Forum Posts by: Ehab Habib
Ehab Habib has started 14 posts and replied 28 times.
Post: Remodeling regular cap cod home into Modular home
- Jersey City, NJ
- Posts 28
- Votes 3
Seems like a cost efficient idea I don’t know if it would Work with foundation and parts or Maybe partial rehab any thoughts
Post: Raise rent how would you go upon it?
- Jersey City, NJ
- Posts 28
- Votes 3
Currently I have a tenat underpaying form a 5bd in Scranton only paying $710 that’s with a $50 increase last month the going rate for 4-5 bd is about $1700 units not in bad shape can use a touch up of paint but hey 5bd is 5bd! How would you go upon Raising rent to near market value at least?
Post: Fha 203k loan information needed please
- Jersey City, NJ
- Posts 28
- Votes 3
If I use a fha 203k loan on a house and then refinance into a conventional mortage will I be able to use the fha 203k loan again for A new house after I refinance the first one?
Post: Mortage not showing on credit reports
- Jersey City, NJ
- Posts 28
- Votes 3
Originally posted by @Cameron Whitehead:
How new is the mortgage? Sometimes it takes a month or two.
Over 1 year
Post: Mortage not showing on credit reports
- Jersey City, NJ
- Posts 28
- Votes 3
Originally posted by @Jeff Copeland:
If it's a regular mortgage with a servicer, chances are it shows up on one or two of the major bureaus (Equifax, TransUnion, & Experian), just not the one you're looking at.
Most lender use a "tri-merge" report which shows all three bureaus. So yes, it will likely count towards your DTI.
Not to mention the fact that not disclosing it on your loan application would be fraudulent.
If it's a private or hard money mortgage, it won't show up on your credit report, but you'd still need to disclose it.
It was showing on my reports and for the past 2 months it hasn’t been showing
Post: Mortage not showing on credit reports
- Jersey City, NJ
- Posts 28
- Votes 3
Will this still count against my dti ratio?
Post: Mortage not showing on credit reports
- Jersey City, NJ
- Posts 28
- Votes 3
Will this still count against my dti ratio?
Post: Don’t know what to do
- Jersey City, NJ
- Posts 28
- Votes 3
House was 90000 payed off about 32000 and have about $10,000 reserves
Post: Don’t know what to do
- Jersey City, NJ
- Posts 28
- Votes 3
Thank you all for the replies as I have learned a bit more from each reply you guys are awesome
Post: Don’t know what to do
- Jersey City, NJ
- Posts 28
- Votes 3
I want more units