Hey everyone! Day2. Post 2. I need some more advice. So far everyone has been super helpful. I found out today that I will be able to draw from my employee stock program in about 90-180 days. Funds should be between ...
My question is about the 20% down for obtaining my second investment property. I have the cash, but I don't believe it to be wise to put down 20% if I am purchasing a property that already has 20% equity.
My current...
Hey everyone,Is it possible to have multiple owner occupied conventional loans? My plan is to house hack for a couple of years and acquire a couple of multi unit properties. The verbiage I got from my local lender reg...
I’m considering buying a multi-family unit as my first investment property. I will be living in one of the units initially, but I’m running the numbers as if the property will be a full rental property. I don’t p...
Purchase Price:$60,000.00Purchase Closing Costs:$6,000.00Estimated Repairs:$15,000.00Total Project Cost:$81,000.00After Repair Value:$75,000.00Down Payment:$60,000.00Loan Amount:$0.00Loan Points:$0.00Loan Fees:$0.00Am...
In the process of refinancing my home. Spoke to 3 different lenders. Having a hard time making a decision. Need some guidance with this one. This is my personal home. I plan on moving out in about a year and keeping t...
I purchased my house utilizing an FHA loan, making a down payment of 3.5% and covering closing costs. I am approaching the one-year mark with my mortgage and have undertaken substantial renovations on the second-floor...
Hello everyone! My name is Kerri Junio. I live in Auburn, Wa which is about 30 miles south of Seattle. I have a husband and two young daughters. I currently am a stay at home mom so my husband can focus on establishin...
Im looking to purchase my first property. I have all the intentions to purchase for investment purposesim in a unique situation where my sister in law is going to stop renting the garage room she is and and wants to r...
Hello BP! I’ll try to make this short. My wife’s parents invested in her name over 14 years ago and destroyed her credit with 2 foreclosures and a bankruptcy. It’s now off her credit but our local credit union whom he...