Our loan has been approved for a couple weeks..or so I thought!  Now our lender is coming back saying that we are at 44%debt to income and we need to be at 41% because of my commission income it threw everything off. ...

I'm looking for some direction in determining loan type.
I've only used local banks for my smaller multis. This year I plan to purchase a multi for $1 million or more (which i believe is the minimum for fannie mae/f...

Hello everyone I just finished the ultimate beginners guide and thought my business plan would be next step to pave the way to my investment goals, but have a question in the criteria portion Criteria - asked to defin...

Hope everyone is living their dream.Regarding financing for a multifamily home, I would love to hear some recommendations from anyone. Would it make more sense to get an FHA loan at 3.5% down but have to pay PMI or to...

"Section 203(k) insurance enables homebuyers and homeowners to finance both the purchase (or refinancing) of a house and the cost of its rehabilitation through a single mortgage or to finance the rehabilitation of the...

Hi everyone!

Just found/joined BP a few weeks ago and have been reading up and learning a lot! My husband and I are looking to buy our first home soon and are planning on buying a duplex and occupying one of the uni...

Hello BP,What are your experiences/opinions about using a FHA loan over conventional financing? Which scenario is better, in your opinion: (1) waiting a couple years to come up with 10-20% for a down payment or (2) ge...

Good evening Biggerpockets!I'm seeking help to pull out money from a few properties I own.1)Theres no mortgage on this one property and both units are fully rented out.I want to take out as much as I can with a HELOC....

Hello,I bought my first home about four years ago in my early twenties. At the time I was even greener than I am now and I’m still pretty darn green. I didn’t put 20% down and was forced to put PMI on my loan. I under...

Hello BP,I bought a duplex in late 2014 with an FHA loan.  Since that time I've been getting a lot of letters in the mail regarding reduced Mortgage Insurance Premiums.  So yesterday I called up one of the lenders and...