Hey everyone!
I am looking to purchase my first house/investment property. I am looking at multi units, duplexes or quad and I have a couple of questions.
• Is it worth me getting the FHA becaus...
When searching for a foreclosIf you have used up say 60% of the VA eligibility amount, but are trying to buy another property that exceeds the other 40% of eligibility, say 60% again, can you find bridge financing whe...
OK friends so I have I question, been searching around and have came up with a solid answer.
I know that if I get an fha loan I can qualify for a low down payment but I have to live in the property for at least one ...
Hello all, I have just really started getting into looking for a investment property if not multiple. I am currently in the navy and I know I can get the VA home loan if I live in the building. If I invested in a dupl...
Can someone tell me if this strategy is possible?1. Buy a distressed 4-Plex, rehab it, and house-hack it using a 203K 3.5% FHA loan2. Get a Cash-Out Refinance on the appraised value after 1 year of living in the prope...
Hello everyone! I'm in the proccess of trying to purchase my first Property in Chicago. It is a 4-plex, that I plan to house hack and live in one of the units. I was attemping to do the freddy Mac home possible loan f...
Hi,
I have been searching for a conventional loan product that would allow for purchase and rehab cost similar to 203k. Looking for 5% or less down and I would owner occupied one of the units. I am familiar with 203K...
If I make $40k a year how much house can I afford?I plan to buy a home in the summer. I am in the Pacific Northwest, average home price is $350k. I have no debt. I could not find any lucrative ways on other forums to ...
Hi everyone! A big thank you to everyone on BP who has reached out and helped me as I am starting in real estate! Question I have for the day is “how do you finance your deals?” I have used hard money on first deal, w...
Hi BP,
this is my first post so I'm sorry if this ends up in the wrong section.
I am new to the Real Estate Investing field. 35 years old and single from California. I will make another post with a formal introduct...