Nicholas Smith
Financing First Flip with Little Money
We have found a house! We made an offer but after hearing the FHA loan isn't going to work for flipping we are at a dead end. We did research on the different options, and we just want to get some insight as to what w...
Fareed Simpson Hankins
Questions about financing a rehab
Hello,
It's 2021 and I am creating my goals for the year.
I was considering the FHA 203k loan to buy my first property (deplux) and rehab it for a long term rental. I don't think I'd be able to though because ther...
James Brown
Propstream good to use?
Looking on propstream for vacant for good deals in my area. Is it best to search under bank owned or vacant houses ?
Seems like the bank owned ones are federal national mortgage association (Fannie Mae).
What’s nex...
Account Closed
House Hacking a 4 Plex.
If you have house hacked or helped/know someone who has house hacked a small multifamily property (3-4 units), do you think its better to get an FHA loan or a regular conventional loan? I have different lenders tell m...
Edy Lagares
Brrrr after and FHA loan
Hey everyone I got a question,I’m looking to buy my first property, a duplex to house hack using a FHA loan and my goal is to use this first property to launch my investing journey using the equity on the house to get...
Noah K.
Conventional Low Down Payment on Multifamily
Hi BP! I was wondering if you knew of any US lenders who do 5% or lower down payment programs for conventional mortgages for 2-4 unit properties. I know FHA has them, but I am having trouble getting an FHA offer accep...
Jacob Vargas
In need of some guidance
Hey all,I feel like I'm in a bit of a stand still. No video or google search is giving me the right direction I'm looking for.I just started getting into buying rental properties December of 2021. I currently own thre...
Brook Davenport
Accessory dwelling not considered in appraisal
I am currently under contract on two dwellings on the same lot, both have been used for short term rentals. I received my appraisal back, and the appraiser didn’t consider the second dwelling (studio, no kitchen but b...
Chris Maurice
5% down lender on house hack duplex?
Hey everyone,I’ve talked to a few mortgage lenders who are all telling me that it’s basically impossible to do a 5% down conventional loan on a primary residence duplex. They are saying that it is not within the guide...
Christine Lydon
Buying a 2 family home
Hi Everyone,I am currently searching for a 2 family home that I will be buying with a friend. He will live in one of the units for approximately 1 year and we will rent out the other unit immediately. Would we quali...