chances are you do not have the required lines of credit lenders often require. Therefore it would be extremely difficult even without tax returns to get a loan. You may need to look at hard money lending which is extremely hard to get, large down payments required and high interest rate, short term financing.
there should be 2 seperate legal descriptions and 2 county tax numbers. If so then yes. If not you can contact your county to find out how to split them out.best of luck
Contact your local bank. Not the National Lender. Your local should have portfolio lending.Best of luck to you
I started to second guess myself. I wanted to double check that the W. Oaks Cir E was the same as the one I gave you the information on. I compared the maps in both MLS and Zillow and the houses are the same.Have a great evening.
Home is pending closing. Bank has accepted an offer and the inspection (option period is over) It was listed for $152,900.00Contact your local agent to get assistance with finding a home. Seller pays the agents not the buyer.
Home is not actively on the market
depending on the state you are located in you will have different restrictions on the equity out portion of the transaction. Also, this could hurt your DTI (debt to income). Many of the lenders I know require payment history of the rental income to offset the monthly payment on your rental property. At this point you would not have a tax return showing the rental history of your current home. Speak with your local expert and explain what you want to do.
Cash from Buyer(down payment) = 7,525.00Buyer loan amount (financed amount) = 207,475.00total sales price = 215,000.00you will have closing costs from your lender, appraisal, recording, attorney, insurance, escrow account and title fees, the $6,000.00 from the seller will be used towards those fees, not the sales price.the commission isn't a buyer charge ignore that as the seller is paying that.So, your required down payment contribution, 7,525.00 + 207,475.00 (loan amount) = your offer 215,000.00.hope this helps if not please call me I am an Escrow Officer and work closing HUDs daily,Best of luck
I forgot my password. I went in and found a comment I left on a question from a buyer and clicked contact agent. I verified the email address is email@example.com however when I clicked forgot password it doesn't show email address in use. Therefore I had to open new account.