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Results (568)
Corbin Lane Finding a mortgage for less than 10% down
1 May 2021 | 11 replies

I'm trying to find financing for a 2-4 unit house hack and I seem to keep getting the same answer back from lenders - to come back when I have at least 10% of the purchase price. I was hoping to put 3.5% or, at most, ...

Nick L. The grim reality of the 2% rule
14 March 2016 | 8 replies

A lot of people here are attracted to the idea of buying Class D properties in rust-belt cities like Milwaukee. The math seems so obvious... buy a cheap duplex for a pittance, rent it out for 2% or even 3% of the purc...

Anthony Hornbeck Hypothetical - $75k Equity vs $50k Student Loans
12 May 2015 | 11 replies

What would you do in this scenario?Investment Property with equity of approximately $75k.Student Loans of approximately $50k   (Overall Effective Interest Rate 5.25%)Would you sell the property to pay off the loans, o...

AJ Wong Why, How and When (Not) to use seller concessions or rate buy downs for acquisitions
17 January 2024 | 0 replies

Seller concession, or no seller concession? That is a question. 
What is a seller's concession, some may ask? 
A seller's concession is a portion of the transaction that the buyer finances, with permission from the ...

Michael Shadow ingdirect.com for a mortgage
13 August 2007 | 9 replies

Has anyone ever used ingdirect for a mortgage? Their rates look pretty good and their closing cost of 895 looks good to but what all does that include? Does it include everything, title insurance, recording fees, or...

Ben C. Architect Quit What Now?
22 October 2017 | 34 replies

Hello,I had the unlucky misfortune of getting a very tough building inspector on a project I'm working on. The building inspector is asking for specs on what type of bolts should be used to attach the lally column pla...

N/A N/A How to get price down? First deal!
3 March 2010 | 8 replies

Hi, i'm new to REI. I'm ACTUALLY going in on my first deal very shortly. I'll give you guys a quick rundown on the property, then something i'm trying to figre out as well.

The property is a 700sqft bungalow w/ full...

Peter Glenn Considering to invest in LA Market for my 1st Real Estate Deal
23 March 2018 | 9 replies

Hi All,I’m 27 years old first time home buyer, living in Los Angeles, CA. I’ve heard about house hacking on BP podcasts and believe this will be a good strategy for me to start up with in real estate investing in LA m...