Q&A
Asked by Angie
Answered by Ted Rood PRO+
Mortgage Professional in Maryland Heights, MO
Hi Angie, I don't know how handy/savvy/experienced your daughter is regarding buying and selling real estate, but in general, flipping houses requires some pretty spe...
Q&A
Asked by Nancy
Answered by Ted Rood PRO+
Mortgage Professional in Maryland Heights, MO
Congrats on paying off your loan, Nancy, and thanks for your service. You certainly can use your VA benefit again once the first loan is paid off. It's called "subse...
Q&A
Asked by an anonymous user
Answered by David Klenske
Financial Adviser in Carlsbad, CA
Depends on how good shape everything is. Roof, AC, flooring, etc. You could spend a lot on repairs.
Q&A
Asked by an anonymous user
Answered by MoneyTips Writing Staff
Financial Adviser in Los Angeles, CA
Lending requirements will vary based on several factors including income. Your best option is to contact a local, reputable lender in your area and review your options...
Q&A
Asked by Benjamin
Answered by Ted Erickson
Mortgage Professional in Novato, CA
Advantage as opposed to renting it? As compared to what?
Q&A
Asked by Owen
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Answered by Days
when you moving frequently rent to own is a good option without paying purchase fee about 30,000 and closing fee at sell again 30,000
Q&A
Asked by Carla
Answered by Greg Fischer
Mortgage Professional in Manchester, NH
Probably not the way you're thinking. Having downpayment may qualify you for different loan programs - zero down options have different rules/rates than 5% down option...
Q&A
Asked by Jonathan
Answered by Ted Rood PRO+
Mortgage Professional in Maryland Heights, MO
If you have an established relationship with a credit union, it never hurts to ask there. For a second opinion, you can always look at loan officers from this site wh...
Q&A
Asked by John
Answered by Ted Rood PRO+
Mortgage Professional in Maryland Heights, MO
Aside from the tax aspect of your situation, from a lending perspective, gifts are a common source of down payment money. The parent (or family member) and recipient ...
Q&A
Asked by Benny
Answered by Ted Rood PRO+
Mortgage Professional in Maryland Heights, MO
I presume you mean "upfront" on paying the closing costs, as opposed to adding them to your loan. The answer to that question is no. APR is determined by the costs of...
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