Nick Wehrley
Taking Non-Traditional Route to Make Deal Work
Hey BP!I have a house I’m looking at house hacking by renting out the rooms while I live there for a year and the numbers work fine, covers mortgage with a little extra. It’s turn key and I’m have trouble making the n...
Loren Thomas
Finding a lender that will do loan off of 580 and 650 scores
I'm reading all over that the minimum credit for an FHA loan is 580. Problem is the people I'm talking to must not work with any of the lenders that will actually accommodate this score. My wife and I are trying to r...
Lisa Higgins
BRRR refi with cash out?
We are planning to purchase a foreclosed 4-plex with hard money because it needs about $30k worth of repairs. When the work is finished, we want to finance it into a permanent loan and get cash out to move onto anothe...
Suzanne H.
Need closets for bedrooms, suggestions?
So i bought my first property with FHA in September 2020, it’s a 3 bed, 2 bath. I plan to live in it for 1 year until I am able to rent it out. There are a couple things I need to take care of before I am able to rent...
Michael Jiang
HELOC - getting ridiculously low LTV due to income
Hi BP!I just applied for a HELOC at a major US bank and it turned out they can only offer me a ridiculously low 20% LTV...Here is my situation:1. I own a house (primary residence) which is appraised by the bank at $2 ...
Paul Smythe
High LTV Refinance on Investment Property in Atlanta/Georgia?
I am considering refinancing a property I am fixing up and renting it out. I am wondering what sort of loan I would be able to get with a high LTV. From what I can tell the smaller banks are going to be my best choice...
Jesse Michael
New member in Pinellas, St. Petersburg, Tampa
Hello, new member here. I have been browsing the forums and listening to the podcasts. Read a few books, researched the MLS, craiglist, etc. I feel like I'm at the point where I know what I want to do and how I wan...
Jermaine McIntosh
House Hacking in NYC/NJ/CT area
Hey BP family, I'm new to real estate investing and was interested in starting to invest through house hacking. I currently live in an owner-occupied duplex in NYC and would like to purchase another duplex/triplex as ...
Jonathan Paul Shortt
Delayed financing-Settlement Charges to Buyer
For those of you who have successfully pulled all capital out of a BRRRR using delayed financing, how did you present the rehab to title to get it added as settlement to buyer? I am set to close Tuesday and have not h...
Bret Middlekauff
Do lenders consider income that is not based on a W2
So I am looking for a mortgage. I currently have great credit, plenty of savings, and more than enough regular income to leverage this loan, however half of my income is from a 1099. I spoke with a lender and they wou...