Kevin Keating
How to find the best mortgage rate for an investment property
Hi All,I am looking to add a mortgage to a single family investment property that I own in full (no mortgage). I have searched the web, but cannot find a means of comparing the rates being offered either by large or c...
Nate Lee
First Step into Real Estate Investment Journey
Hello BP,Before I start asking questions I would like to thank everyone in the BP forums in giving so much valuable information at no cost, that the true PLUR. I am a first time home buyer, looking to take my first st...
Toan Hoang
What is a portfolio loan/ lender?
To date all my loans have been conventional loans using a mortgage broker. I have heard this term (portfolio loan) on BP but not quite sure how it differs from other loan types. Is the interest rate the same? Qualifi...
Anthony Arnt
rental property deal. yes or no?
Hi, Newbie here. A deal has come up from a brokerage firm. Home is Cash $110000, their estimated CMA is $155000. Has a month to month tenant paying $1075 in rent. They say needs cosmetics only. Good area, nice subdivi...
Kyle Jones
House Hacking tips and advice?
Hey BP,
Quick questions:
1) If you have house hacked, what was your DP and what process (fha, conventional, OPM, etc) did you use?
2) What were some unexpected barriers/obstacles you encountered along the way?
Clayton Casey
Real estate agent for first time live in flip.
I am currently renting in Memphis, TN. My fiancee and I have saved a sizable amount of cash that would allow us to purchase a 200K property on a conventional loan and have about 25-30K leftover to fix up the house. W...
John Chapman
Fannie Mae loan for investor with over 10 financed properties
I have 13 conventional (fannie mae) loans. I have a duplex that I would like to get conventional (fannie mae) financing on. I have a good commercial lender but the rates are still significantly higher than on con...
Cody Maheu
House Hack Out of state (Maine)
Hey BP, I'm relatively new to the community. I picked up real estate when I was 20, did a house hack (didn't know that's what it was called at the time) and flipped it under a year to move out to the West Coast. Now (...
Andrew Morales
Our first Investment Property!
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Midvale.
Purchase price: $692,000
Cash invested: $7,700
After months of searching, backing out of a bad deal, and severa...
Ty Spinks
Private or Seller Financing
Searching for creative financing to buy a short term in Florida. I don’t want to use conventional bank so it doesn’t mess with my DTI on my current home under construction (per my LO). I have under 10%. DTI currently,...