Denis Moreira
Analyzing a deal: Conventional vs FHA
Hi BP Members,I have two loan routes I can go with : Conventional or FHA. How many people have gone ahead and bought a property that cash flowed negative/break-even when analyzed using 50% rule under FHA terms (upfron...
James Letchford
Refinance to Conventional or Portfolio Loan?
I'm coming to the end of my 'seasoning period' on my first BRRRR. Everything has gone very well so far. I.e., I have plenty of equity in the property to pull out my entire cash investment, and probably a little more. ...
Christopher Ruzicka
Types of loans when using BRRR strategy
I'm assuming a conventional loan is used when first obtaining the property then once you rehab and rent it out what type of loan is used for refinance? So there's essentially two loans taken out for one property?
Ryan Van Fleet
Private lending deals
Hello everyone,I have a question about private lending deals. I'm curious how private money structures deals. It seems like you can make a deal a little bit more creative then a conventional, but what does one typica...
Alexander Canalini
Hard money and Refinancing
Hi all, “hypothetically” speaking let’s say you have 40k cash to invest in real estate. You live in an area like Austin, TX where the market is fire. There are only a few duplexes active in the MLS currently, and all ...
Christopher Davis
What are typical interest rates for investor loans?
Newbie here... wondering what are typical loan interest rates for investors purchasing homes, rather than owner occupied residence?
Bishoy Takla
FHA vs Conventional for an owner occupied Duplex
Hello Biggepocketers, This is my first post and I am finally getting my feet wet. I am considering an owner-occupied Duplex and I got these two mortgage quotes:FHA: 5% down - 3.375% - fee: $400 - Mont...
Kelechi Okoronkwo
Houston texas LU article on owning 22 properties at $12k down payment for one
this is the link to the artlicehttp://www.lifestylesunlimited.com/how-22-rent-pro...my question is With $12,000 down payment. say you need $2000 for upgrades to increase home value nd for miscellaneous fees, you are l...
Mireille Tribie
Need info on loan origination fees
Hi everyone,I am buying my first duplex to try house hacking. What is considered a good origination fee, because I am being charged 4.139%. I find it quite high , am I correct?Thanks
Shay Levin
Owner Financing - 30K Down Payment
Hi All,I'm a foreign investor.Let's say I have a property that is rent ready and estimated at $210K ( renting average in this area for such property is $1600)I want to owner finance it in the following terms: $30K ...