Jordan N Hansen
First Multi-Family Property - Ankeny, Iowa
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $270,000
Cash invested: $54,000
A multi-family upper/lower duplex in Ankeny found off-market during COVID.
...
Devan Sprayberry
How to NOT put 20% down at a bank and not pay PMI.
So I know this sounds crazy and almost impossible right? So my bank (Navy Federal- a credit union) has conventional loans to where you can put down 3% and still have 0 PMI. It’s crazy. The downfall is that I don’t see...
Account Closed
What’s the sweet spot in Indianapolis?
Every market has a “sweet spot.” What would you say that is in Indianapolis? I’ve been eyeing duplexes for around $130,000 each side rents for around $750. Do you invest in lower income areas?
Joe Matthews
1st Time With HELOC Need Help
I am researching getting a HELOC as a vehicle to purchase my first investment. I have about $165,000 in equity and understand I would only have access to about 80% of that. I need help understanding how HELOC works. -...
Danielle Duffy
Over asking to cover closing cost FHA loan
thoughts?
Quick question: I have the funds to cover the 3.5% FHA required down payment.
I would like to put in an offer on a home asking is 172,600.
Offer 180,000.
Seller pays up to 7,400 Closing cost (bank fees, etc...
Amy Lee
Shopping rates FHA
Hi, I was "shopping" for rates because someone advised me that is the way to go. Now I'm realizing it doesn't make sense. I don't get locked into any rate so the rate I shopped 2 weeks ago is not the rate I would get ...
Paul Zofsak
Closing costs
So I am getting ready to submit an offer on a property, the market is turning into a sellers market so I may have to pay full asking price. I indicated to my agent that maybe I could recoup some money by getting help...
David Miller
My first ever BRRRR - Milwaukee, WI
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $84,400
Cash invested: $17,000
MLS property: (Duplex) 4 bed, 2 bath, 1,958 sqft
List price: $110,000
Initial...
Joe Fairless
Here is when it makes sense to buy nicer properties
I've been documenting my company's progress and lessons learned as we've grown. We recently closed on two apartment communities which puts our total portfolio over $170,000,000. You can catch up with my lessons learne...
Jent Botterman
Advice on Refinancing from an FHA to a 15 or 20 yr Conventional
Hi all - This is my first time posing here, and I'm hoping for some good insight.
I bought a SFH in June with an FHA loan at 2.75% APR. My payment is very manageable at $1,700/month. I've recently reached 20% equit...