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All Forum Posts by: Steven B.

Steven B. has started 2 posts and replied 2 times.

New Member Introductions

Post: What to do?

Steven B.Posted
  • Bronx, NY
  • Posts 2
  • Votes 0

Hi my name is Steve, Im a newbie trying to get started. I have been preapproved by Wells Fargo. Im trying to find a multiple family that I will house hack. Im using all the available new home buyer programs. FHA loan, down payment assistance. I want to get started now by wholesaling or buying a condo to rent. However I dont want to lose my first time home buyer benefits. Is there a way I can get started while preserving my status?

0 Votes
New Member Introductions

Post: Quit claim deed

Steven B.Posted
  • Bronx, NY
  • Posts 2
  • Votes 0

Hi everyone, I am a new investor. And I'm also in the process of purchasing my first house for my family. I saw a house that it says the seller wants all cash. Will not insure title. As is, giving a quit claim deed on close. Is this a property that I can close on using renovation mortgage for personal use for my family? My re agent says no bank will mortgage this type of property? 

0 Votes