Alan P.
Question regarding N.Y. lender laws and the new Dodd-Frank, SAFE, etc. as they apply to a hard money loan and possible foreclosure defense
Hi:
Here is a complicated question that I'm hoping for some guidance on. An elderly parent had a crooked lawyer who helped get him into two different hard money loans in New York, one on his primary residence...
Javier Melendez
Qualifying for FHA loan
My question is if I buy a multifamily home with a partner can we qualify for an FHA loan if only one of us lives in one of the units for a year?
Tony Machamer
House Hacking for my College Freshman
Any thoughts or suggestions related to buying a house for my college freshman this fall? We are relatively knowledgeable about RE investing but just started thinking about this option as Room and Board at close to $13...
Ryan Rider
Using parents HELOC to acquire properties
So I’m a long time reader and listener to the podcast and forums. I’m at a point in my life that I am ready to finally pull the trigger and get into real estate. So I have 20k saved and available to put into action. I...
Dana Miller
House Hacking at my Parent's Home
Investment Info:
Single-family residence other investment.
Cash invested: $2,400
House Hacking at Parent's Home - Renting out Unoccupied rooms to students.
What made you interested in investing ...
Oscar Buendia
Advice on Gift of equity transaction
Hello everyone,I asked in another forum how I could take over a mortgage loan (37K ) (home value 100-120k) for a disabled family member was told the best course of action is "to find a local lender familiar with the n...
David Greig
Primary Residence/First Time Homebuyer
Investment Info:
Single-family residence other investment.
Purchase price: $110,000
Cash invested: $45,000
Recently purchased my first house to use as a primary residence, currently I am renovating t...
Jason Logston
Borrowing against retired parents home
My parents are going to leave their house to my brother and me. We would like, and they are on board, to refinance their home and invest into a rental property. With the house in my parents name and then being retired...
Erik Heldt
Investment Property Before Primary Residence
Hello BP People! I know that this topic has been beat to death already and that the general consensus is to house hack before buying, however, my situation is a little unique and I would appreciate some input from the...
Deron Jewett
FHA 203b House Hacking Qualification with Existing Mortgage on Another Property
I am the remainderman on a Florida "Ladybird Deed" (Enhanced Life
Estate) on my parents home. I do not currently own a home. The mortgage
is assumable upon their demise (and at a rate lower than those currently
...