This has probably been asked a lot, but I searched and could not find the answer. We have been in our current primary residence for nine years now and have an FHA loan. We are looking into a 4-unit rental property. ...
Hey BPWhen looking at doing a househack on a Duplex- how do you typically apply the 2% rule and the 50% rule? Is there another rule of thumb I should look at instead? For example on a house I'm looking atCost- $310,00...
Hey everyone. I am looking at a mixed use property and I am not too familiar with the loan options available.
Hello everyone! I'm having a challenge, hoping to get some advice on taking action for my situation...I currently live and work abroad in China, and am being transferred back to the US in the Fall to continue my job t...
I have several fully paid rentals and would like to cash out/refi to buy more. I have excellent credit. I'm running into a wall with lenders telling me I have to pull properties out of LLCs to do the transaction then ...
10 States With High, Low Down Payments Daily Real Estate News | Tuesday, June 16, 2015 As lenders show some signs of loosening up on credit, home buyers are bringing less money to closing. Down payment p...
What is the best way to calculate rehab costs when just starting out? I can fill in all the other blanks in the BP calculators until I come to this blank! Help?
Certain property types can be more difficult to finance than others, one of the more difficult to secure financing for is multi family or mixed use properties above four residential units. We've seen a very strong upt...
Hi everyone!
I am seeing that FHA has been commonly associated with house hacking. Is this simply for the lowest down payment possible? Would you still have to live in the property for a year with a 5% down conventio...
So I was just denied my loan because my debt to income isn't the best. My credit is excellent, is there any lender who would approve me my loan? Or do I have to find a coborrower?