So many times, I hear investors propose an "FHA" option as the best option for financing a new multi-family they will house hack or new primary residence for themselves.I can't say how wrong this is.  It's true that t...

I don't own a home currently, but if I want to buy a house for rental purpose. What's the minimum required down payment for conventional loan? Can I say that's gonna be my home but really I will use it as a rental? I ...

Hello bp members, I am currently looking for 2-4 unit multi families near south west cook county areas. I have a couple questions. -Can you still do fha if you decide to go through conventional route first?-To do cash...

Hey BP nation, my fiance and I are looking to purchase our first home and we are considering getting a rehab loan and contracting out the rehab work while we rent our current home. We are only interested in medium to ...

Hi Everyone!I have been someone who has actively used the conventional method to buy my real estate investment properties for long term rentals. Now I am looking at converting one of them to a short term rental and th...

Hi,

I went to Chase Bank today and I asked about pre-approval letter for my potential investment property (I will focus on SFR for my first investment). The loan officer told me that property has to be "habitable" (...

my wife and I are both on our current conventional mortgage. Would I have to restructure that loan so that it's in just her name to take advantage of an FHA to buy a duplex? Or can I simply "move into" the duplex as m...

I am wondering how many mortgages a person is allowed. When it boils down in real estate, I know leverage is key especially with rental properties. But I have heard that banks will only lend a certain number of mortga...

Hey everyone, 
I’m 20 years old and I currently do not own a rental property yet. I’m from a small town in south Alabama and would like to attend a conference or two to help meet some investors or maybe even find a m...

Should I refi to dscr or conventional to remove pmi? 2 unit house 30 year FHA 6.6% major renovations (roof,bathrooms,kitchen,etc) home has appreciated 397k when appraised to 550k zestimate (similar comps in the area a...