Hello all I am new here. I am currently in contract for a triplex located in NY. I am in a bind right now trying to get a loan for the property. The purchase price is $765,000 and I currently have 6% down in escrow. I...
For 2023, FHA loan limits in King County are increased in response to rising prices in the county. For King County, the FHA loan limit for a single-family home is $977,500 for 2023.Two-family property: $1,251,400Three...
Hi BP - I was wondering if anyone has experience of successfully getting a Streamline 403k rehab loan for a 2-4plex purchase? (This would be one where my client will owner occupy one of the units). Please note: I a...
I am a first time homebuyer looking to purchase a multifamily unit (duplex/3plex/4plex) in the San Antonio/ Boerne area. Ive been in contact with a real estate investor friendly realtor I was matched up with through t...
Hi, I would like to know if there are any companies/attorneys that can help in opening Self Directed 401(K). I am looking for local reference.
Hey BP community what loans and loan programs are out there that you believe make the most sense for investor trying to get his first property ? Interested in acquiring a set up where I could live in one unit and rent...
Hi all,I am in the process of buying an owner occupied multifamily (3 unit to be precise in Newark). This has been an ongoing saga. I was aiming for 5% FHA which I was approved for. But there were so many silly issues...
Hello all,I have purchased a few properties for investment, but am looking to finally have a primary residence. I have found a quadplex that I plan on house hacking and was originally going to get an FHA loan on the p...
Hi all! I am looking for connections to a lender that will use projected rental income as a portion to qualify me for a FHA mortgage. This is allowed under Fannie Mae guidelines but I am having a hard time finding som...
Any advice about house hacking specific to California? Los Angeles?The FHA info I've seen seems to indicate that it must be a single family home... Any advice or professionals in the area?