Jairo Serrano
First rental $1,300/month
First investment property currently rents for $1,300/month with principle, interest, tax and insurance and mortgage insurance at $1,056.35/month. Because of it’s appreciation we now have 20% equity so we want to get a...
Blake Dowe
Low Down Payment Mortgage Options
Hi All,My first property was a 3-unit house hack that I purchased through FHA with 3.5% down just under a year ago. I am now just about ready to purchase another multi and am having a hard time finding other low down-...
Sean Burke
House Hack West Roxbury
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $709,000
Cash invested: $50,000
I bought a duplex in West Roxbury at the beginning of 2021. I did a cosmeti...
Andres Sanchez
10% or 20% Down Payment or 5% and invest the rest?
Hi Everyone, my wife and I are looking at buying a new home. We're looking at a conventional loan but can't decide how much money to put down for the down payment. In this low interest rate environment, does it make m...
Burt L.
Is FHA More Lenient About DTI When Using Cosigner Than Conventional?
I will be seeking either a 3% Conventional or 3.5% FHA loan. Credit is at 715-720 (720 is much better) but I will have a high DTI and can obtain a family cosigner with significant income and low debt. My understanding...
Christopher Veljkovic
UFMIP and MIP on a FHA Loan
Is this standard while applying for an FHA loan to receive an up front mortgage insurance premium and then have t pay a monthly mortgage insurance premium? Can I negotiate this? Am I getting ripped off? Any thought...
Craig M Chavis Jr
My Goals as a New RE Investor
To all:My name is Craig and I just returned to Columbus after living in Washington DC and Latin America for several years. I am just beginning my REI journey and as a believer in setting goals / affirmations, I wanted...
Ian Stewart
Manayunk Rehab - Buy and Hold.
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $150,000
Cash invested: $10,000
Purchased this property as a minor fixer upper to rent and hold.
How did you ...
Nicholas Salvia
Super nervous dealing with mortgage brokers. HELP
So im not sure if this sounds stupid, but i found the property that id like to buy, got it under contract, now its time to get the mortgage. I DONT KNOW WHAT IM DOING. Iv contacted 2 different brokers, one is tellin...
Evan DiLeonardi
Renting on Airbnb with an FHA loan
I'm looking to buy a single family home and rent it out on Airbnb when I'm not there. I travel a lot on the weekends and for work during some weeks. It will be my primary residence when I'm not traveling though.My que...