We are looking for a conventional loan for a $1.2 million condo we put under contract in MN. It has four units. Ideally we would like a conventional loan with a down payment of 5%. There is no HOA in place and we are ...

Has anyone gone for financing post 4/1? I just went for a pre-qual letter from one of my lenders and he said he was getting quotes at 6.5% for a 30 year conventional earlier in the day for another client and he could...

Closed on 2 fixed rate loans, to purchase 3 units.The numbers:Property A) 1300 sq’ brick, 3/1.5, SFR, rents for $875 per month.Property B) 2150 sq’ brick 3/1 & 2/1 Duplex, rents for $1075 per monthAsking price=$12...

Hello all, I am looking to buy my first rental property locally here in Las Vegas. I am a full time real estate agent doing a good amount of business so I am very familiar with the market. I have good credit (around 7...

Hello BP fam!

Yesterday we received amazing news around 2-4 unit financing for our house hackers!
This change will take place on November 18th and allow for clients buying a 2-4 unit owner occupied property to on...

Some good news was announced today for folks who are looking to house-hack a 2-4 unit property. Fannie Mae just released an update stating that, effective November 18th, they are increasing their max LTV requirements ...

There’s a new exciting update that comes after the weekend of November 18th!
Conventional guidelines will change to allow 5% down payment, for primary residences, on 2-4 unit properties, instead of requiring 15-25% d...

Actively looking for my first 2-unit househacking multifamily. I have gotten conflicting feedback from both lenders and realtor regarding FHA loans vs. low-down Conventional. I've been told that FHA makes your offer w...

I've been researching and saving for 3 years now. I'm fully convinced real estate is the way to go. My wife and I are already invested in a gym and making returns on that. We have $22k in the bank and want to buy a mu...