So I have my house that refinanced in 2020 for a 15yr 2.5% rate and we have about 56k equity.

If you are single or a couple on the same page about house hacking, look for uneven multis.

Affordable housing is about the housing itself and the economic environment it is created in.

Stop reading if you want.2) I couldn’t guess what “There is a 6 months of grace period before interest payment begins” means.3) They call their $3555 charge a “Loan Fee,” stated a few lines up as 2%. 2% of $235,000 (loan amount) is $4470.4) Do you seriously believe the loan fee, “… IS 100% REFUNDABLE IF THERE IS ANY DEFAULT FROM THEPART OF THE LENDER OR IF THE BORROWER CHOOSES TO TERMINATE THE LOAN.”5) It’s okay to pay an appraiser directly.

There’s an obvious housing shortage here in SoCal.

If I got a home equity loan for Property 1 and used the proceeds as downpayment for Property 2 and then got a 2nd loan for the remaining 75% purchase price for Property 2, when I sell Property 2, can I use the Property 1 loan as part of the cost basis for computing Property 2 capital gains?

Quote from @Juan Ruben Cortez: I believe the funding fee is 0.5% of the remaining loan balance, plus maybe another $500 - $1,000 in lender fees. 

After 20 years in real estate (before DSCR loans were even around), here’s my take: Tampa and Central Florida are gold mines if you play it smart.

Its a tiny loan for any institution.You'll have to get hard bids from a local GC, but maybe $110/ft?

Hello,I purchased James Dainard’s new book The House Flipping Framework on Audible.