Looking for an affordable way to become a first time homeowner? One strategy is to buy a rental property as a first home. As long as you live in one of the units for a specified period of time, you can rent the others units out, using the money to cover the mortgage....
If you’re in search of how to get rid of PMI on a FHA loan, you’ve come to the right place. Contrary to what you might think, the monthly premium you pay on your FHA loan does not have to be a permanent expense. In fact, you might be eligible to get rid of it right...
“How much of a down payment can be a gift?” This is a question people often ask me, especially first-time home buyers. The short answer is this: you can use gift money to pay for all or some of your down payment and closing costs. But there’s plenty more to consider...
Sure, buying your first home is an exciting time, but it also leaves many newbies feeling overwhelmed. With so many intricate steps to buying a home, preparing for the journey ahead is a must. A mortgage is a fundamental part of buying a home. That’s why I’m laying...