Multi-Family Investors and FHA 203k Experts

Bridge loans vs bank loans: The key differences If you’re hoping to buy a new home, but you still own an existing home, you know the financial stress of potentially owing on two mortgages at the same time. That’s why some homeowners seek out a bridge loan. A bridge loan helps you buy some time to...Continue Reading

Pros & Cons of the Owner-Occupant Model  If you’re ready to secure financing, you probably already know there are several different loans out there to consider. The owner-occupant model is one type of financing that can be extremely beneficial to certain buyers in certain situations. In the case of a multi-family property, with the owner-occupant model...Continue Reading

If you’re ready to buy a home, you’re probably already thinking about how you’re going to handle that down payment. Many times, potential homebuyers don’t even know how much money they need to put down. While there are certainly other considerations, a down payment is at least partially tied to a home’s sale price. For instance,...Continue Reading

Multi-family investments: Financing tips for multi-family units A multi-family property can be a great investment, but financing one isn’t necessarily the same as financing any other residential property. That’s because, it terms of financing, the overall number of units determines whether a multi-family property is considered residential or commercial. Not only is the type of financing...Continue Reading

Investing in a multifamily home can be a savvy way for a Chicago home buyer to live cheap, generate passive income, and ultimately build long-term wealth. In lending terms, multi-family homes with up to four units are considered residential, meaning you can purchase them with a a mortgage just like you would an ordinary single-family home....Continue Reading