
20 November 2018 | 22 replies
Home Possible is 95% LTV, as compared to FHA's 97% LTV, but with the added benefits of beginning with a conventional loan (no mortgage insurance for life of the loan, as opposed to FHA), having a stronger offer, no self sufficiency equation, plus less strict standards for home condition that can kill the value-add ambitions you had with your FHA.Recently there were other changes with this program that makes it an even better product, and the only person on this whole forum who seems to be catching it is @Chris Mason who has written about it herehttps://www.biggerpockets.com/forums/517/topics/42...and herehttps://www.biggerpockets.com/forums/49/topics/609...I just wanted to point that out as you get into it because if I hadn't found this product I'm not sure if I'd even have a house hack right now.

7 November 2018 | 15 replies
@Hao Dinh Seasoning is the period of time that must pass from a prior loan or appraisal before a bank will allow a refi or new loan on a higher valuation of the property.

14 November 2018 | 21 replies
I've been looking comparing FHAs to Conventional 97s and they seem to be pretty similar.

6 November 2018 | 11 replies
There are some limitations compared to 'borrowing' from a SOLO401K, but it does let you put 100% (or close) of your funds to work.

9 January 2019 | 4 replies
Not sure why, but the general population still seems to get interested in looking at homes/open houses prior to getting their financing in order.

13 December 2018 | 4 replies
Hi all!
I was wondering if folks had insight on quotes for landlord insurance. I got 3 quotes on a property that are all very similar in price (~850/yr). All 3 are from agents who were personally recommended by invest...

5 November 2018 | 1 reply
Live there for the minimum of 12 months, move on and rent out your prior unit to improve your cash flow.

6 November 2018 | 2 replies
I did a few updates in 2017 prior to sale.

5 November 2018 | 1 reply
I paid the old landlord a substantial $1700 deposit prior to moving in last summer and am concerned about the refund of that deposit and any other small little things I haven't thought of that come along with a new landlord mid lease.

5 November 2018 | 1 reply
Walked roof and says roof looks ok , but wood rot in attic from prior leak and water stains on roof but not wet at time of inspection.