All Forum Posts by: Jewell Arceneaux

Thanks guys really appreciate the time to pour into my next project. Put some things into perspective and gave me some good gems that could help make this easier to obtain. I now have a few ways to pursue the next deal depending on the opportunity. Keep up the good work and helping change lives!

Matthew,

Thanks for your time. This is really good information. 
What do you think about refinancing FHA loan into conventional in order to utilize FHA loan again or does there have to be waiting period?

Greatly appreciate each and every one of your responses. Gave me things to research and projects to focus on. Have middle room that I am focusing on adding closet to to add bedroom!

Hello BPP Forum Family,

Currently in FHA property that I have been in for about 5 months now where I am creating value to add to equity. With the added equity and projected lower interest rates next year I am hoping to purchase another property with as little out of pocket as possible. I've done research and saw that another FHA loan is possible under certain circumstances.

1) Has anyone ever been able to secure second FHA loan under these rules?

2) If you ever had an FHA loan how did you go about getting into your second property with low money down

3) Any suggested creative financing deals you were able to use to get first investment property?

Thanks in advance!!

Purchased home with potential upside in hoping to force appreciation in the house in order to create equity and eventually utilize the equity (HELOC) to begin investing in other properties. What do you feel are the most important things to upgrade in a home that you've seen increase home value?