by Athena Paquette | Jan 29, 2017 | Blog, Home Owners, Investors
I own a home, but I want to buy units to invest for retirement income. Can I put 3.5% down? Great question Derek! That’s a great idea to create cash flow for your retirement! Unfortunately, when you already own a home your live in, you are not eligible for the FHA...
by Athena Paquette | Oct 23, 2015 | Blog, Home Owners, Investors, Realtors
Mostly a quiet week in the bond market as all eyes were on China and Europe. China lowered their interest rates this week to try and stimulate their economy (the 2nd largest in the world), and the European Central bank (like our Fed) gave indications that they would...
by Athena Paquette | Aug 29, 2015 | Blog, Home Owners, Investors, Realtors
This week’s win was actually helping one of my realtor partners avoid disaster. They had an offer from a realtor whose lender was very inexperienced. They said that the buyer was getting an FHA loan. But when I double checked as part of my quality control process for...
by Athena Paquette | Jul 23, 2015 | Blog, Realtors
You can only have 1 FHA loan at a time. FALSE! FHA regulations say that you can have more than 1 FHA loan at a time if: 1) The first property has 25% equity, you are keeping that property, and moving to a new home. Of course the “why” you are moving to a new home for...
by Athena Paquette | Aug 11, 2014 | Blog, Investors
FALSE! With homebuyers feeling confident about the real estate market again, they are wanting to “move up”. Problem is, money. So they think they can do FHA 3.5% down. RIGHT. But they already have an FHA loan. WHAT to DO? Well, if their family has grown, or they are...
