I was lucky enough to buy multi family unit in NYC market around 2013 for about 550K 3.5% interest with FHA loan. I have been living in one of the unit and renting out other 2 units which covers the mortgage and I’m ...

Hello! I am very excited to start my real estate journey with purchasing my first property soon. My goal is to purchase a property within the next 6 months. I just got my first full time job, so I am trying to save up...

What are you seeing on purchase money?  HUD FHA 223(f)?

Hello there, My question is, how can I eliminate my PMI? I know the simple answer is throw in a bunch of equity. However, let’s say hypothetically (nudge nudge) I have a property I purchased at $250k with an FHA loan ...

Hi all,For those who have not seen the news on this FHA is reducing the PMI rate from 1.35 to 0.85%! This is a significant savings and could mean the difference from cash flowing and not. 

I am interested in starting out in househacking multi (1-4) unit properties. I'm curious of there is a loan order that is beneficial to begin with as far as if you use one you may no longer qualify for another. Lookin...

Hey everyone.  Im new to BP!  I really want to take a dive into real estate. I was planning on wholesaling for the first year since I will be severly limited on time with my new job.I i found out that my job requires ...

Hello just wanted some input on next steps. I bought a 3 family 2 years ago and it’s been great. Now I’ve been there two years and want to get into another multi family and rent the one I have now full. what strategie...

What's the lowest down payment on a conventional loan when purchasing a quadplex that you will be living in? I'm a beginning investor and my bank is saying I'll need a 25% down payment but I was under the impressio...

I really need help here to anyone that can provide insight! Here is what I was sent:  It is very confusing to me! - - - - - Email from my Realtor - - - - - "Hi Tim,This lays out what it looks like to use that $7k cred...