Matthew Posteraro
Conservative Scaling for House Hacking
29 January 2025 | 10 replies
There are quite a number of things that can make utilizing an FHA loan more difficult such as more barriers during appraisal, appearance of low qualification/little cash, typically longer closing period, likely higher interest rate, and PMI cannot be dropped without a refinance if 3.5% down.That said, just chain 5% down conventional loans, and make sure your duplexes pay for themselves.
Eli Edwards
Has anyone tried this?
23 January 2025 | 4 replies
Suggesting to them buying their house for a wholesale range offer or lower dependent on the extent of the rehab, then having a contract in place that gives them a percentage of the profit to help get them back on their feet, paying off debts etc.
Jaren Taylor
New to Apartment Investing
27 January 2025 | 4 replies
Billing is different for most and more than likely, you'll pay a retainer of some sort up front and have a balance due.
Dallas Morioka
Using Seller Financing to Buy Primary Home
22 January 2025 | 3 replies
Why pay off the mortgage early?
LaTonya Clark
Lender- 40 year loans
20 January 2025 | 31 replies
We explained to him we would pay for probate and pay to fix up the house to get it rented.The lease is for 5 years but dissolves once we close.
Rich O'Brien
I’m losing a house to unpaid property taxes. Need help
29 January 2025 | 19 replies
Use that loan to pay the back taxes and get things under control.
Anthony Vaganos
DCSR vs Conventional with transfer tax
19 January 2025 | 8 replies
A longer timeline will make paying the extra 2% now more attractive.
Phong Tran
Inventory Home Price discount
22 January 2025 | 2 replies
I LOVED getting a loan through DR Horton on a DR Horton build, that I had to pay for a DR Horton appraisal.
Ivan Castanon
I need to change strategies. What should I do?
30 January 2025 | 22 replies
If you pay more, you won't meet your metrics and will probably have negative cashflow and/or equity.You may have to make 10, 20 or even 100 offers to get one accepted at the price that meets your numbers.This is what all investors did BEFORE the Great Real Estate Crash of 2008-2010.
Shayan Sameer
Questions About Purchasing a Duplex as a rental
17 January 2025 | 11 replies
@Shayan SameerThe non-paying tenant could impact your short-term cash flow, so consider the potential costs and timeline of eviction in your state.