Property on the market with an assumable FHA loan at 2.8%. The owner will break even on the sale because they put little down for the FHA loan and all the equity they have will go to their seller's agent. I'm curious ...

I've found a 2-family property in Bushwick, Brooklyn where the seller is willing to carry some financing (he has a $400k mortgage to pay off).  He is asking $850k for the house, and it probably needs $150k in renovati...

Emailed to my loan officer today about an FHA Loan on a 4 Plex I planned to occupy. She has said some things that have me a bit confused."Yes we could actually do FHA with 3.5% down. You would have to occupy the ent...

I am looking at purchasing a 4plex that needs light-moderate rehab as my first property. I am purchasing it with an FHA loan. I will live in 1 unit and rent out the other 3. The FHA loan stipulates that I must own...

Hi All, I am trying to structure a deal in my town to get started in REI. My question is would the banker go for a seller financing the 3.5 % down and going FHA for the rest. I am wanting to buy a duplex one side is a...

I have a property that we're considering that needs about $15,000-$25,000 worth of rehab. I am a first-time home buyer and qualify for an FHA loan. I am wondering about the feasibility of a private loan right after se...

Hi All,I just was wondering what others though of this idea. My husband and I got approved for an FHA mortgage, it requires 3.5% down. Unfortunately with FHA they also require PMI until we owe less than 80% of the loa...

Hello!

I am looking for some guidance in the realm of 1099 financing and Possibly FHA house hacking. And would love anyone’s input into my questions.

Some more information about myself first. I am a 21 year old...

I recently paid off my home and i am interested in purchasing another home/duplex for the rental income. Banks are telling me that because i own a home i would have to pay 20-25% for the down payment because it would ...

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $1,305,000

Cash invested: $100,000

Vacant 4-unit in North Oakland, on market, purchased with FHA financing. ...