Thanks to all who take the time to answer. Here is our situation: we own a primary residence on which we own a mortgage and we've recently made a cash purchase of a lot from a foreclosure in a highly desirable area. W...
BP,Does anyone have experience buying an non-warrantable condo as a buy and hold investment? I've been looking for another property in the Phoenix area, and it seems everything at my price point comes up as non-warra...
Hi Everyone,What is everyone's strategy for their cashflow? Are you saving up for the next rental property? Are you paying down your primary residence giving you an option for a HELOC if you want down the line? Are...
My husband and I want to purchase our first short-term rental property. We have enough to cover the down payment and closing costs, but not reserves. My plan is to get a HELOC on our primary residence to use as need...
Wow, it's been years since I had to do a 30 year mortgage on a conventional rental (4 units or less). I'm thinking of trying it again for a property that i found. I could easily do a 20 year commercial, but I like Aun...
Hey trying to find a lender in Oregon bank, credit union, etc that will do a 20/80 30 year loan for a primary residence ???
I'm wanting to get into a multi-family house hack in 3-6 months. I'm currently not in my own place and would like to be on my own as soon as possible, an apartment is also an option.I started a new job 3 months ago th...
Hello BP community. I have what I think is a pretty straight forward question, and would appreciate any feedback before I write the HOA back.I am looking at a place in North Carolina that is managed by an HOA. It's ba...
Hello,I am currently living in Norfolk, Va and house hacking a place I purchased in November of last year. I am looking to buy a rental property in the area for roughly 100-120k but I do not have the 20% down that mos...
My plan is to buy an undervalued MUP with an FHA loan, fix it up, rent out the other units while I live in one, then refinance it and use the year I’m required to live in the property to build up my down payment on th...