John Hesford
Include PMI in operational expenses - Yes or No?
Hi! Newb investor here, interested in learning more about financing for real estate investments. My quesiton is, when calculating a cap rate, is PMI (or MIP for that matter) included in the operational expenses?
Allende Hernandez
Best option to finance a new investment property
Good morning investors,I'm looking to buy a property in the South FL area and need to bounce some ideas against you guys. The root need comes because I need to bring my mom closer to me and Im looking for a way to mak...
Brian Tumminello
Memphis investment properties
My name is Brian and I am a real estate investor in CA. I have been doing research to determine the best place for me to start buying rentals and to hold long-term for cash flow. My research led me to Memphis.
I’m l...
Mick Glover
Boston Newbie - the single family versus multi-house-hacking
This is my first post, but I've been scouring the forums learning as much as I can. First thing I have to say is that I think BP is amazing. Listening to the podcast's during my commute each day has been informative a...
Account Closed
Should I Jump On This Deal?
Hey all, I'm a relatively new investor and have been looking for a house to purchase that I can rent by the room for some time now. I recently stumbled across a 5 bed 3 bath single family extremely close to the Univer...
Richard Beatty
FHA streamline refinance
Hello Guys, So I purchased a property in January of this year. I received a phone call today from the mortgage lender asking if I wanted to refinance with the Fha streamline. He said my rate will go from a 3.75 to 3.3...
Steven Catudal
Conventional loan & cashflow or FHA & break even?
Hi all,I am under contract for my first property (du-plex with one unit rented out) and had a question on the financing. I have good credit (730+) and solid income.I am currently lined up for a conventional loan with ...
Anthony Simboli
Am I missing something?
FHA vs 5% Conventional
I've used FHA in the past (3.5% down, 1.75% up from MIP, 0.85% Monthly MIP), and I've been hearing about 5% conventional. If my math is right 3.5% + 1.75% would be more upfront, is it because y...
Tony Pragosa
First House Hack – Deal Advice!
Hello BiggerPockets community!
I just recently joined, and am new to
the real estate investing field. I'm a first time home buyer, and looking to purchase my first multi family unit building. I do have a
few ques...
Jose Aguilar
House hack: Too many steps to buy a home with FHA loan?
Hello all,
I am speaking with a loan officer in regards to house hacking with FHA loan and they keep recommending I use a conventional, due to the fact that there is too many extra steps associated with FHA loan and ...