Charles Mitchell
House hacking: Setting a budget
Hey BP!So, I'm planning on buying my first house hack within the coming months. I'd like to get some input around some budgeting questions I have. So I'm looking into some homes (all 2 familes) and I feel extremely co...
Jeffrey Marciano
fha commercial loans
Hi everyone,I am looking to buy a 38 family, and heard that FHA does loans purchases such as this. If anyone has any knowledge of the requirements to meet FHA requirements. thanks Jafry
Garrett Ayers
Utilize FHA or Conventional Loan
Should I utilize an FHA loan on my first home purchase or use a conventional loan? I would be purchasing with the intent to rent it out after a year of living as the contract will require. Is an FHA a good investment ...
Nicole Barry
Refinancing a primary residence FHA loan on investment property
I have a 9-year old primary residence FHA loan on a property that used was my primary residence, I do not pay PMI. Now it is an investment property. I'd like to refi to take advantage of lower rates. My mortgage co sa...
Corbin Wafford
MFH Cost/Benefit analysis: Should I go new or old?
Hello!I have run into the following issue and I will do my best to try and keep this predicament as short and as simple as possible. Keep in mind, I am currently looking to house-hack and purchase a MFH with an FHA lo...
Summer Cherry
Is a refi worth $250 savings on the pmt for a cost of $5921?
So my current mortgage is a FHA loan at 4.375% with a $2600 pmt and I have 28.5 years left with a $340,276 balance. Values in my area have gone up more than 5%. My house is a 3-unit MFH and comps are hard to find beca...
Hud Malik
[Calc Review] Help me analyze this deal
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Martin Ceja
FHA Loan or 3% Down Conventional w/ higher interest?
I've been talking to a few Mortgage Loan Brokers in my area (Inland Empire, CA) and asking them about FHA loans but most of them have been recommending a low down (3% down) conventional loan with a "higher interest ra...
Kenneth White
My first house hack and hungry for more.
I'm closing on my first investment property at the end of the month. I used a FHA and OHFA loan combo to get a 4 unit building in Kettering Oh.The FHA only requires a 3.5 percent downpayment and the OHFA gives you a ...
Hajarah Shakir
Best Loans for REI
I’m just starting out in real estate and I am looking to house hack a multi family in Massachusetts. I have around $40k saved for a down payment. Would rather put as little down as possible just Incase I need to rehab...