Terry Garrett
Fha primary want to go conventional and purchase fha duplex
Me and my wife bought a sfr in lbc 4 years ago and now would like to go conventional to use fha on duplex or multi unit in Sacramento or Cleveland or where ever it makes sense. Any suggestions? Kinda confused on the r...
Brenda Akinyi
Hard Money Lender Loan Financing
As a new real estate investor, is it advisable to use hard money lenders to fund the first deal? I already have an FHA that was used to finance my current home and trying to raise funds for a conventional loan. I hav...
Account Closed
First VA Loan, Then FHA loan?
Hi,I've seen some questions and answer on various communities regarding using a FHA first, then a VA. However, I'd like some guidance on doing it the other way around. I recently purchased a multifamily with a VA Loan...
Kathleen R.
What's better...9%ROI w/ 24%CCR or... 7%ROI w/ 50%CCR
Hey BP -If I invest money into the rental units I have my ROI will increase to 9% and my cash on cash return will decrease to 24%. If I leave the rental units "as-is", I will get a 7% ROI with 50% cash on cash return...
Darrick Lowe
FHA (95-5) or HEL (80-15-5) piggyback. Which one is better?
I'm looking to put 5% down (50k) on a multifamily that I plan to move into as my primary. i'm having difficulty determining if I should get an FHA (95-5) or HEL (80-15-5). The HEL would come from my current primary ...
Michael O.
Inherited 100k/ fha loan question
Newbie question!My sister and I purchased our primary residence with a fha loan back in 2015. I also inherited about 100k. After some research I’ve decided to house hack either a duplex or a quad using a fha loan. Wil...
Daniel Becht
Rental Spreadsheet Assumptions
I was hoping I could get some help on some assumptions I am building into my rental property spreadsheet. For financing I have the following:Financing Fees - Trying to figure out what is a good assumption for this. X%...
Angel Rodriguez
Downpayment Assistances on a fourplex?
Hey guys! I am 23 looking to purchase a fourplex and house hack it for about 1-2 years in Los Angeles, Looking for Minimal tlc work needed. I am interested in using a fha loan w/ a downpayment assistance grant but w...
Angel Ruiz
Guidance on What's next!!!
Hi to all and thanks in advance. Right now I have a FHA on my principal home and a conventional on an investment property of 3 units. I just want some guidance on refinance options on the FHA, it's near or right on th...
Rhea Jeong
Rental income consideration to mortgage
Hello all,
I am first time investor and I’m looking at multi family houses in NJ. With my current salary I can only borrow 300k and it will give me limited directory in the market I’m looking at. I heard some lenders...