Stephen Rinaldi
5% down 2-4 Unit Owner Occupied Conventional Loan~ House Hacker Special
We have been blessed to serve a a ton of Bigger Pockets clients and the biggest challenge we have with house hackers is the FHA Self Sustainability test.. 75% of the overall rent has to cover the PITI.. with rates whe...
Bryan Lutz
Cash Out with 5/1 or 10/1 ARM vs conventional financing
Guys with rates at record lows and staying there for quite some time (if you're in the long term low i rate camp). Is anyone looking at a ARM or done one?
Nicholas Martinez
FHA vs Conventional for House Hacking then Renting Out After 1 yr
I am looking to do my first deal in the next year to start my REI career. I am planning to purchase a single-family home to house hack for a year then move into a 2nd property while renting out the 1st. My questions ...
James Lian
PLEASE HELP: Question about 5% down Conventional for a 1-4 unit
Hi all!I know that you can do an FHA 3.5% down on a 1-4 unit property as long as you occupy one of the units as your primary residence. But could you do the same for a conventional loan? I am getting different answers...
Henry Lazerow
New conventional loan options for 5% down house hacking 2-4 units!
My lender emailed this out this morning. Seems like a great option for Chicago as the FHA self sufficiency rule all but eliminates Chicago priced 3/4 unit purchases. This loan will work same as Conventional terms mean...
Scott Ellis
How to split loans on 2-property deal, one FHA one Conventional
I'm looking at a deal that is two duplexes on adjoining lots. Asking price is $315K for both.My lender says this would need to be two separate loans as they're separate parcels.I'm looking at doing one FHA and one co...
Matt Pich-Maxon
70% LTV on Property #1 to qualify for conventional on Property #2
We bought our primary residence 10/06/2017. We found a Duplex that we would like to buy and make into our new primary residence using a conventional loan. I emailed a lender and she said I would need 70% LTV on our pr...
In today’s epic show, we interview World Series of Poker bracelet champion Annie Duke. Annie is a nationally sought-after speaker who combines her mastery of poker with a study of the cognitive sciences in a truly uni...
Thinking about buying a duplex, triplex, or even a quadplex? Small multifamily properties are often some of the BEST investments for cash flow, especially if you plan to live in one of the units! But how does this typ...
Mohamed Farih
First Time Home buyer Conventional loan vs FHA
Hello everyone!I am God willing a future first time home buyer in the process of trying to land my first home. I was planning on getting an FHA loan for my mortgage. My realtor's lender told me I am eligible for the...