Previously, the Federal Reserve indicated it would raise the federal funds rate four times this year. On March 16th the Federal Open Market Committee said it expects to raise the federal funds rate six times this year...
My wife and I are looking into purchasing a multi-unit and living in one of the units while renting out the remaining ones (aka house hacking). We are debating what the right down-payment strategy is for us with this ...
My current short term goal is to purchase a multi-unit property (ideally 4 units) for house hacking through and FHA loan due to the attractive low down payment. After doing more research I have found that the PMI can ...
Financing is a crucial factor when finding your next rental property, and there are numerous ways to secure the funds needed to close a deal.We want to hear from you! What’s your go-to method for financing your real e...
Hi, I am a newbie; I have saved 150K and want to invest. Please let me know if my steps would work:
1) I get investment properties (with 20 or 25% downpayment) and then I get a FHA loan on a fourplex property (next ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Oakland.
Purchase price: $725,000
Cash invested: $95,000
I purchased a small multi-family home in Oakland to house-hack. T...
I'm looking to get started investing Milwaukee with my wife buying a fixer upper multi-family. The FHA 203k loan seems like a great product for us. I'm looking for a checklist of best practices for the loan process. A...
As I talk to lenders about my plans that involve more than 10 mortgages, I’ve realized that I have to work with portfolio lenders, but I’m also learning that the loan products from portfolio lenders seem to have highe...
Recently closed on a townhome and my property could use a facelift. Unfortunately, I do not have enough cash to afford the rehab. What are my options with getting a loan (~$50K) to improve my property and then, hope...
I bought and am wanting to get an appraisal for a single family home being used as a rooming house. It is zoned single family but since the previous owner is using it as a rooming house a few things look different tha...