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Shellymaei, Home Buyer in Fort Worth, TX
Shellymaei answered:
I have an FHA loan on my home. I am planning to move and rent my home, I called my mortgage company and they told me I could not rent my property
Typically lenders will want to see 2 years of schedule E's filed on the rental property but there are lenders that will take one year of Schedule E PLUS proof that the lease runs thru o ... more
0 votes Share Flag A few minutes ago Home Buying in 60622
Shellymaei, Home Buyer in Fort Worth, TX
Shellymaei answered:
Using rental income when getting a mortgage approved?
Typically lenders will want to see 2 years of schedule E's filed on the rental property but there are lenders that will take one year of Schedule E PLUS proof that the lease runs thru o ... more
0 votes Share Flag A few minutes ago Financing in Chicago
Gaylepat, Home Buyer in Dallas, TX
Gaylepat answered:
Question regarding FHA loans and rental income...
The only other way would be to demonstrate a 2-year history as a landlord with your tax returns and evidencing a profit that covers the mortgage payment.

Unfortunately, lending has t ... more
0 votes Share Flag A few minutes ago Financing in Chicago
Kellytimmi, Home Buyer in Elk Grove Village, IL
Kellytimmi answered:
Can I purchase an HUD home using a conventional loan?
Here are the different types of special financing you can receive when purchasing a HUD home as your primary residence:

$100 Down Program – You can purchase a HUD Home with only $1 ... more
0 votes Share Flag A few hours ago Using Trulia in Chicago
Ravichayal4, Home Buyer in New York, NY
Ravichayal4 asked:
http://www.reddit.com/36uope/
0 votes Share Flag A few hours ago Home Buying in 60601
Ravichayal4, Home Buyer in New York, NY
Ravichayal4 asked:
http://www.reddit.com/36untr/
0 votes Share Flag A few hours ago Home Buying in 60601
Ravichayal4, Home Buyer in New York, NY
Ravichayal4 asked:
http://www.reddit.com/36uhac/
0 votes Share Flag A few hours ago Home Buying in 60601
Ravichayal4, Home Buyer in New York, NY
Ravichayal4 asked:
http://www.reddit.com/36ugdd/
0 votes Share Flag A few hours ago Home Buying in 60601
Ravichayal4, Home Buyer in New York, NY
Ravichayal4 asked:
http://www.reddit.com/36ud5j/
0 votes Share Flag A few hours ago Home Buying in 60601
Ravichayal4, Home Buyer in New York, NY
Ravichayal4 asked:
http://www.reddit.com/36ubwo/
0 votes Share Flag A few hours ago Home Buying in 60601
Jackson Will…, Home Buyer in Provo, UT
Jackson Willis answered:
My neighborhood is very quiet and peaceful. We never have any burglaries or break-ins that I hear about.
It can definitely seem like you'd be safe with your locks the way they are. I think you have to approach it in a different way though. You haven't heard about any break-ins, but they ar ... more
0 votes Share Flag Yesterday at 8:46pm In My Neighborhood in 60640
Kurt K, Home Buyer in Winnetka, IL
Kurt K asked:
I need a 10% down jumbo loan amount under a million with no PMI. Income 250K middle score (the mortgage score...not the consumer one) is 716. Short sale ... that is causing me my issues will be 5 yrs ago in August. Looking to buy NOW!!
0 votes Share Flag Yesterday at 7:29pm Financing in Chicago
garypuntman, Other/Just Looking in Los Angeles, CA
garypuntman answered:
Renovate or leave as is?
I think it would be beneficial to do some renovations. A kitchen renovation can especially add some value to your home. It would be worthwhile. It will also add a lot more appeal to ... more
0 votes Share Flag Yesterday at 4:41pm Home Selling in Chicago
Mike Opyd, Real Estate Pro in Near North Side, Chi...
Mike Opyd answered:
there are 3 potential tenants moving into my 3bd 3 bath duplex, however they asked if they can add on another tenant 6 months into the lease.
Yes absolutely. Draw up a lease specifically for the new tenant and treat them like they are a separate tenant. Make sure you screen them as well.
0 votes Share Flag Yesterday at 12:35pm Rental Basics in Chicago
Mike Opyd, Real Estate Pro in Near North Side, Chi...
Mike Opyd answered:
Looking for 2bd 1 bath for about $1,600. 2 college students, would rent around July or August, preferably close to a CTA stop.
Reach out to a realtor and have them help you out. Its always good to be protected plus its free to se a realtor.
0 votes Share Flag Yesterday at 12:33pm For Rent in Belmont Central
Mike Opyd, Real Estate Pro in Near North Side, Chi...
Mike Opyd answered:
after a bid has been accepted by the bank on a foreclosed home how can the bank keep extending the closing date saying their is a issue with an heir?
This is part of the deal when buying a foreclosure. Things like this happen all of the time. Your attorney should be able to explain more of whats going on with the sellers end.
0 votes Share Flag Yesterday at 12:31pm Home Buying in Hegewisch
Christos Pap…, Real Estate Pro in 60521
Christos Papanastasatos answered:
If I sell my condo in Cook County, Illinois what are my expenses to sell it.
You may have the following:

Transfer Tax $3.50 per $1,000 of the sales price
Title Fees
Attorney Fees
Recording Fees
Real Estate Fees
State of IL Fees
Cook County Fees
City of ... more
0 votes Share Flag Yesterday at 11:47am Home Selling in 60613
Alicia OToole, Real Estate Pro in 60625
Alicia OToole answered:
Mom/Assoc.Professor and son/Starbucks Barista need Oct. 1st Ravenswood Area 2 bedroom 1 or 2 bath/$1500 and both need to be near the brown line. Help!
Hi Mary,
I would be happy to help you find the right place. Please send me an email and we can discuss further. OTooleRE@gmail.com

Thanks,
Alicia O'Toole
Century 21 Affiliated
0 votes Share Flag Yesterday at 10:44am Rentals in Ravenswood
Alicia OToole, Real Estate Pro in 60625
Alicia OToole answered:
Moving to Chicago from Houston
I would be happy to help you find the right place, feel free to email me.
OTooleRE@gmail.com

Thanks,
Alicia O'Toole
Century 21 Affiliated
0 votes Share Flag Yesterday at 10:42am For Rent in Chicago
Robinritaa, Home Buyer in Dallas, TX
Robinritaa answered:
Can you get an FHA loan for a new construction?
FHA's one-time close construction mortgage is offered by banks approved to lend using FHA-insured mortgages. Additionally, an FHA one-time close mortgage can be used for traditional sit ... more
0 votes Share Flag Yesterday at 2:25am Financing in Chicago
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