Hypothetical scenario:
In a neighborhood where comparable units are $140k, I purchase a foreclosed single family unit for $70k using an FHA loan (because it affords me the possibility of the low 3% down payment).
Af...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/37995/small_1621389405-avatar-iypoon.jpg?twic=v1/output=image&v=2)
Hi guys,
I have an opportunity for a $245k foreclosure, but the bank is only accepting cash only.
I'm going to put down 90K while my pa...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/166199/small_1621420757-avatar-donzavala.jpg?twic=v1/output=image&v=2)
Hey all,In 2012, I purchased a townhome with a 30 year, fixed, conventional loan with only 5% down. My question is; Is it possible to recieve a FHA Loan while already having this conventional loan? If so, can I use ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/202401/small_1621432886-avatar-jamespalin.jpg?twic=v1/output=image&v=2)
I have a deal in Fort Worth, TX under contract for $33K. The challenge is that a lot of banks and hard money lenders won't lend for a loan amount of under $50K. I am looking for any conventional lenders or hard mone...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2099654/small_1621518063-avatar-nehemiahl1.jpg?twic=v1/output=image&v=2)
How do I obtain a conventional loan or a FHA loan without a job
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2489501/small_1713253373-avatar-kaitlynb21.jpg?twic=v1/output=image&v=2)
Hey all,I know some lenders differ but I wanted to see what you guys have to say. I have two SFH properties now. I house hacked my way into the second and am gaining more tenants in December. I have enough for a 5% do...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/164150/small_1689789588-avatar-txbizman.jpg?twic=v1/output=image&v=2)
Just found this forum doing a search on google. I currently have 13 rentals (3 fourplexes) and a commercial building, plus some commercial land.
I have my house sold for 545k, contract on my desk but because ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2490228/small_1694928177-avatar-josselynp.jpg?twic=v1/output=image&v=2)
Hello. I am ready to buy another property and I thought I would qualify for an FHA Loan since I have a property under a conventional loan that I am renting out to my tenants, but people are telling me I do not qualify...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2743770/small_1694579359-avatar-korye3.jpg?twic=v1/output=image&v=2)
Hello, I wanted to know if there was anyway around the FHA 100mile rule when it comes to using my rental property from the house I am saying at now to the house I want to get into with a FHA loan. The new house is a n...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/564772/small_1621492704-avatar-jenniferf22.jpg?twic=v1/output=image&v=2)
We are an owner/builder, duo. Just completed a SFH. Great area, great credit, experienced landlords and builders. Build was completed for about 50% of the appraised value. Used cash plus construction loan. The problem...