Sentences with phrase «loan on a duplex»

«In my Atlanta market,» Ailion says, «The loan limits for a conforming Freddie, Fannie or VA loan or an FHA loan on a duplex are $ 533,850 and $ 459,300, respectively; on a fourplex, they're $ 801,950 and $ 690,000, respectively.»

Currently I'm in the midst of getting a bridge loan on the duplex that came as part of the Harrison purchase, if that underwrites successfully and we have a good experience, I'll recommend that lender.

Not exact matches

FHA loan limits vary based on location and property type (such as a single - family home or duplex), and are calculated as 115 % of a county's median home price.

«Consider that, in Atlanta, the average annual return on a rental duplex is 8 to 14 percent once the loan is paid off.»

FHA loan limits vary based on location and property type (such as a single - family home or duplex), and are calculated as 115 % of a county's median home price.

The amount of the loan is based, in part, on the type of property you own: Single - family — up to $ 25,000 Duplex — up to $ 24,000 (maximum $ 12,000 / unit) Tri-plex — up to $ 36,000 (maximum $ 12,000 / unit) Four - plex — up to $ 48,000 (maximum $ 12,000 / unit) Mobile home — up to $ 5,000

Hi I read what you replied and Im very interested Im actually looking for a loan of 35000 to buy a duplex with tenats that is producing 1,100 in rent right now please email with more information on how your program works thanks.

FHA loan limits vary based on location and property type (such as a single - family home or duplex), and are calculated as 115 % of a county's median home price.

For example - I was going to get 3 cash out refi on my Ohio duplexes, got quotes for 5 + lenders and everyone was about $ 4,500 - $ 7,000 in total loan fees (this is not including prorate amounts for property taxes, insurance, etc. which can bump your cash required to close up to $ 10k - $ 15k.

Thanks for the reccomendation @Alex Scott, were closing next week on a duplex VA loan and all is going very well.

@Raymond Culbert I used a combined 39k down payment on my first two loans, a 1031 for the second loan, VA financing for the duplex, a refi of my first two properties to buy my second six unit, and credit cards to buy my 5 unit.

Loan types vary depending on whether a home purchase is a single family home or a multi-family property, such as a duplex.

These loans are only available on owner - occupied purchases but you can get around that by buying a duplex, triplex or even four - plex.

A loan for a duplex or a triplex might only require a 5 % down payment, but it's still a good idea to have up to 20 % on hand.

FHA loan limits vary based on location and property type (such as a single - family home or duplex), and are calculated as 115 % of a county's median home price.