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Hello everyone! So here's my situation: I just signed a new apartment lease but I'm not going to let that hold me back from purchasing my first property... My questions is this: when it comes to and FHA loan, is it po...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $527,500
Cash invested: $115,500
Purchased a house hack with the help of my parents. 20% down conventional 3...
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Hi, I’m wondering if I start investing. Let’s say wholesaling; when I take out a loan to pay, am I using my first time home buyers loan? Can I buy a condo without using my first time home buyers loan? The reason I’m a...
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My conventional and FHA loans do not have a demand feature. But at 10 loans the conventional route will end....one thing I never want to do is have loans with a demand clause in them.
Also, do portfolio lenders char...
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I just took the time to listen to “The rehabbing boot camp” by J.Scott and Marty Boardman from the convention in Denver. I am posting this to thank both of the speakers for the effort and time you put into that presen...
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Hi BP,I have a primary residence in Massachusetts and am looking to pick up a second property in New Hampshire (White Mountains region). My original mortgage broker that assisted with my first property told me to do a...
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Good Day BP members,I'm looking to purchase my second home but don't have a lot of capital. I spoke to a lender and he told me that I can get a property by putting a 5% down for a conventional loan for owner occupant....
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After coming up with my freedom number, realized how many units I would need to hit that number. I have 4 real estate loans currently. How is it possible to get 10, 20 or 50 loans? Are the loans considered commercial?...
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Hello everyone. I have been getting educated on buying my first property and am interested in house hacking.
I bought a home in 2020 and have a decent amount of equity around $100k. I am considering renting my home a...
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Hello,thank you in advance for your responses. My question is whether the 2% cap on seller credit applies to credits (rate buy down cost, closing costs etc) only applies when the credit is coming from the seller?Does ...