Horacio Gutierrez
Fha loan for triplex
Hello,
Say I buy a triplex multifamily home with fha loan and I rent both units and I live in one and the mortgage is $5000. Then after 1 year I move out and buy sfh to living and rent the third unit in the multifami...
Joseph Skoler
Co-op Mortgage Tax Deduction Limits and Calculation
Could someone please explain the mortgage interest limitations in the case of a NYC Co-Op owner?
For example:
Co-op has 100 units and an outstanding underlying mortgage of $20,000,000 ($200,000 per unit allocated). ...
Matthew Sutton
Buying rentals with IRA
I'm pretty disappointed you can't get a mortgage with an IRA...according to my research. I'd like to use the IRA and get 5 or 6 properties and not just pay all cash for one property.
Any tips on how to get around no...
Parth Patel
Tax Benefits of House Hacking
Hello guys,While I've listened to many bigger pockets podcasts, I'm new to the community and this is my first post. At 30 years old and after a long educational journey to become a doctor, I'm finally at the point in ...
George P.
So whose fault was it?
Jury gives woman $1.25M in lawsuit over mortgage
Whole story here -- http://www.bizjournals.com/baltimore/stories/2008/08/11/story8.html?b=1218427200%5E1681713
When do we start being accountable for our o...
Matthew Koch
Finding the support to fund my own deal for sfh into rental!
So my middle credit score is 614 my high is 652 my low is 638.I have to have a 640 for an fha loan and it's looking grim before being able to fund this deal before the end of march. I know I can qualify for that loan ...
George White
KANSAS CITY - 4-Plex - Cash Out Refi Lenders
Hi BP Community - I am in the KC market and I have a 4-plex which has been renovated and fully rented. I have owned the property for over 6 months. I am ideally looking for a lender that would cash-out refinance out ...
Eric M.
What do you do with a DUNS number?
I recently found out my company had a DUNS number from Dun and Bradstreet.
Apparently similar to a FICO score but for business credit.(of which I have some)
But it seems that not every business credit provider report...
Corey Dutton
How to Spot Loan Scams and Bogus Lenders on Social Sites
If you’re looking for a hard money loan or bridge loan, you can visit one of the many ‘lending-related’ groups many social networking sites such as this one. You’ll certainly find a lot of mess to sort through, in fac...
Greg Devlin
What am I missing on this deal?
Purchase price is 279k in the northeast. Not in a major city. It seems like a good deal but wondering why it has been on the market for so long(6+ months)
Current ...