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IWS-6 : How to Borrow Your Way to Real Estate Riches Using Government Sources

$16.00

Compiled and written by the legendary Tyler G. Hicks. A true IWS classic! Lists numerous mortgage loans and guarantees, loan purpose, amounts, terms, financing charge, types of structures financed, loan-value ratio, special factors.

Description

Compiled and written by the legendary Tyler G. Hicks. A true IWS classic! Lists numerous mortgage loans and guarantees, loan purpose, amounts, terms, financing charge, types of structures financed, loan-value ratio, special factors.

YOU CAN BORROW YOUR WAY TO REAL ESTATE RICHES!

And this book shows you how, using FHA-guaranteed loans to help you obtain the bank or mortgage-lender financing you need for a:

  • New multifamily building project
  • Rehabilitation (fixing-up) project
  • Mobile homes
  • Single-family dwellings

What the FHA (United States Federal Housing Administration) does is to guarantee your loan-that is, the FHA tells your lender that fi you do not pay back the loan for any reason, the FHA wil repay the lender. This guarantee makes it much easier for you to borrow the money you need for a building which you want to buy or construct. Note that the loans described in this book are for residential properties, that is:

  • Apartment houses (multifamily houses)
  • Private homes (single family)
  • Mobile homes (single family)
  • Small multifamily (two, three, four family, etc.)

You can get a mortgage loan easier with the FHA guarantee because:

  • Banks and other lenders feel safer with an FHA guarantee
  • FHA encourages residential construction and rehabilitation (fixing up)
  • Losses on FHA loans have been very small and relatively rare
  • Interest rates paid on FHA-backed loans are attractive to most lenders

A true IWS and Tyler G. Hicks classic. The perfect fit for every real estate investor!

Additional information

By

Hicks, Tyler G.

Format

Ebook (PDF)

Pages

30+

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