Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Account Closed

Account Closed has started 43 posts and replied 112 times.

Post: what type of investments can i get into? besides rentals (no flip

Account ClosedPosted
  • Paterson, NJ
  • Posts 119
  • Votes 18

what type of investments can i get into besides buying rentals? no flips please any ideas would be good

Post: Questions about qualifying for fha home in nj house hacking

Account ClosedPosted
  • Paterson, NJ
  • Posts 119
  • Votes 18

Hey, everyone, I'm 24 years old I started to look to buy a 2 to 3 unit home in North Nj 4 months ago and was told I do not qualify for FHA because my unemployment gap was more than 6 months and my business income net decline 20%. the following

1. my credit score is 775

2. my savings is over 100k

3. I owe 0 student loans and have NO DEBT 

4. I make with my new job starting 55k and with my online business 20k to 70k so that's 75k to 130k

I've done my research and read over 12 books. I know I'm ready now what I'm asking is would I still be able to get qualify this April for this year when I do my taxes? I passed everything else DTI and all other ratios I did well on. I will be house hacking this home. Please help with the answers.

Post: When's this bubble going to pop?

Account ClosedPosted
  • Paterson, NJ
  • Posts 119
  • Votes 18

im waiting to see if the market will crash soon too low inventory and if the crash happens the value will be worst and those underwater will finally just take the lost and sell their homes. 

Post: fha mortgage Lakeland bank NJ lending

Account ClosedPosted
  • Paterson, NJ
  • Posts 119
  • Votes 18

@Johnathan Boyle yeah better terms with smaller banks

Post: fha mortgage Lakeland bank NJ lending

Account ClosedPosted
  • Paterson, NJ
  • Posts 119
  • Votes 18
I'm in North jersey and getting pretty approval by Lakeland bank for fha loan rates 3.785. 3.5% down base off 347k purchase price. has anyone use this bank before ? also can anyone tell me about any other smaller banks I may be able to use. my scores are 761 758 753

Post: Where should i go to get pre approve? small bank, online brokers?

Account ClosedPosted
  • Paterson, NJ
  • Posts 119
  • Votes 18

im looking for a lender to get pre-approve where should i go that has good terms as i will be house hacking? local banks, online mortgage brokers, online spots? can anyone help me with this i want it to be somewhere i can drive too im from north jersey Paterson. 

Post: Looking to house hack a 4 unit with fha loan need help in nj

Account ClosedPosted
  • Paterson, NJ
  • Posts 119
  • Votes 18

whats the bank? i heard to go to smaller banks for better terms @johnathan boyle

@Johnathan Boyle 

@harjeet bhatti   yeah i own a business i have 2 2 years of and a salary letter from my new job

Post: Looking to house hack a 4 unit with fha loan need help in nj

Account ClosedPosted
  • Paterson, NJ
  • Posts 119
  • Votes 18

@Naeem Boucher yeah send them if they are 3 to 4 family cause i will be using a fha loan and 203k. 

Post: Looking to house hack a 4 unit with fha loan need help in nj

Account ClosedPosted
  • Paterson, NJ
  • Posts 119
  • Votes 18

@Naeem Boucher thanks but I'm looking for more of deals, not regular MLS I need something I can add value to and have equity when I 1st buy to start so I need foreclosure type of 2-4 families.

Post: Looking to house hack a 4 unit with fha loan need help in nj

Account ClosedPosted
  • Paterson, NJ
  • Posts 119
  • Votes 18

@Albert Bui yeah my old job is a bank and new one bank different roles but i might be getting a better job very soon so i dont know what will help in this case. as i have a business and 2 years return but this year returns i put less so i can save on the taxes to pay, so thats why im wondering if i should wait or not.