David Ko
Owner occupied multifamily above conforming limit -- options?
My wife and I are considering moving into a 2-4 family property in an expensive market. We are looking at properties between $1 - $1.5M, but we are likely going to fall just short of 20% down. Are there any financin...
Chris Parker
Change to super-conforming Home Possible mortgages
Just drawing attention to something I got bit by recently:Home Possible mortgages used to permit 95% LTV on a super conforming mortgage for a personal residence, up to 4 units. Rules recently-ish changed such that the...
Shaun Sperry
BRRRR: HELOC and conforming loan - first post
I am looking to the BP community for some advice on my first post, popping my cherry finally. I am looking to take out a HELOC on my primary residence for my first BRRRR. I do have reserves, but it is mostly for emerg...
Anna W.
Honolulu County Non-Conforming Single Family Purchase
The market here on Oahu has so many non-conforming properties that have say an extra wet bar or extra non-permitted bedrooms. We want to but a primary home property with either VA, traditional or FHA depending on the ...
Daniel Z Fang
How much leverage are you comfortable with?
Hello Bp community,Do you have any general investment principles for determining how much leverage is enough leverage? I’m pushing up against my max DTI and with tighter lending restrictions, lenders will be a little ...
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Women buyers feel comfortable with women Realtors.
I feel female real estate agents connect with female buyers, do to the fact they have much of the input when it comes to buying a home.
What do you other ladies out there think about this? Also how do you as men ...
Jake McKay
Non-conforming deal experience? Appraisal, financing, insurance?
Just decided to avoid a multi-family deal that had lots of deferred maintenance and was priced well to allow for some good cash flow. It was not currently a legal 4-plex and was non-conforming use in an area zoned for...
Rebecca Shoniber
Lending on Non-conforming triplex (zoned SF)
I found a triplex that I want to be an owner occupant of here in the Atlanta, GA area. My agent says that a lot of lenders wont lend FHA on this. I've called and emailed several today but looking for leads on any lend...
Daniel Z Fang
How much leverage are you comfortable with?
I’m weighing the pros and cons of paying off one or two rental properties versus picking up more properties with leverage. Do folks use any general rules of thumb in deciding when (if ever) to limit use of leverage, g...
Eric Odum
Attorney Comfortable with Dodd Frank in Florida
Can anyone make me a recommendation please. The attorneys I know won't mess with it b/c they don't understand it and there is apparently liability for everyone involved, including agent and lawyer. I am looking for ...