Craig S.
FHA PMI Insurance Rules Are Changing
Hello fellow investors,
I was just informed about some upcoming FHA regulation changes to the way PMI insurance is handled and assessed. Previously and currently, if you had a 30 year loan with a LTV greater than 78%...
Bill Bodziak
Financing homes during redemption
Hello all...I am hoping someone has some experience here and can give some advise. Here is the situation....I am an agent and investor in Michigan helping a friend/client find a first home. The perfect home came on th...
Paul O'Connor
Cash Out Refinance Nightmare, Help Me Make Sense of It
Ok, so a little bit of backstory. I have 5 rental SFHs that I'm trying to get refinanced to do a way after the fact BRRRR. (Sorry, I discovered Brandon Turner and BiggerPockets well after I had purchased most of these...
Tim Neighbors
New investor from Los Angeles, California. Trying to learn
I'm here to learn, looking for advice, tips, wisdom, and maybe to offer the same to those who may be even newer than I. I purchased my first 2 investment properties (both buy 'n holds in the Austin Area) this year. ...
Edward Burke
Insurance - Replacement Cost well over market value
I have two properties in escrow in Saint Louis City. They are both four family properties in desirable locations (quality tenants).The purchase prices are $349,000 and $290,000. However, as these properties are all...
Derrick Harper
Conventional Loan
Does every conventional mortagage loan requires a 20% down payment? If not, what are some options around it?
Austin Eilers
Turning a church into a 8unit apartment
Hello I’m new to investing and have come across this beautiful vacant church with 11,000sq ft that would be perfect for turning into apartments with 100,000 dollars or more of rehab bringing the deal to about 350,000 ...
Orlando Glez-Jorge
Loan on uninsured investment property
Is it possible to get a loans on a paid off investment property that does not have homeowners insurance?If it is, please name the lender that does it?thank you in advance for your answer
Gregory Breeden
Wholesale Foreclosure (Subject too)
I have a deal the home FMV is 138k and the ARV is 220k. The payoff amount of the loan is 119k but to reinstate the loan is 13k with attorney fees, insurance etc. How I traditional do wholesale deals I would factor in ...
Account Closed
Investing with FHA loan
I'm looking to buy my first house to use as rental property. I was told by FHA that I could still get a FHA loan, paying 20% down to use as investment property. Is that a good idea?
My plan is to buy a fixer-upper, ...