Chris Martin
Is achieving FHA approved condominium status worth it?
From the handful of areas I have looked at, the vast majority of condominiums (condos) that had achieved FHA-approved status have allowed their approval status to expire. I am trying to figure out if having a unit in ...
Xavier A. Malave
First Home Purchase, House-Hack Fourplex
Hello!I am currently looking to buy my first house and turned into a house hack with a fourplex,Anyone in Texas that can recommend me lenders to get 3% or 5% as down payment since the lenders I have talked are asking ...
Cheyenne Davis
FHA 90 Day Flip Rule 2015 - Exclusions?
I've read that there are some exceptions to the 90 day flip rule that was reinstated on January 1, 2015. I'm hoping I can get some clarification from some of the FHA/mortgage experts here. We purchased an REO from HUD...
Evelyn V.
Low Down Payment Options for 2-4 Multifamily Units
Hi BP, I'm currently looking to put a low down payment on my first 2-4 unit primary residence, and I've been pre approved to go with FHA. A lot of the homes I'm interested don't qualify for FHA financing due to their ...
Michael Spindler
Buyers agent lying about price?
Currently looking at a foreclosure condo listed at 180,000 but probably really worth 200k-220k range. My agent says their are multiple bids on the condo with the highest being at 195,000. The house has been on the mar...
Michael Dunn
HUD Property Condition Report//Summary .......
Good Morning,I was looking through a few HUD listed properties last night that are for sell in my area , and I was reading through the Property condition report/summary documents , and am a bit confused by what they m...
William Rushton
FHA Loan on MFH with Current Tenants
Hi All,I'm using a FHA Loan to buy my first home, which is a duplex. I'm from Chicagoland area, and I'm running into a lot of duplexs that have confirmed tenants. I am planning to make a bid on a home today with this ...
Tyler Gerhold
House Hacking in a Hot Market
Hello, I am currently looking for a 4-unit house hack in a hot market (Dayton, OH). These 4-units come on the market and are gone in a day. NONE of the 4-units posted in the past couple months will accept FHA financin...
Devin Radford
Buying my first duplex
Hey everyone,I'm in the process of buying my first investment property which is a duplex. I'm wondering is there anything I should look out for in the process?
Evan Gross
House Hacking In Central New Jersey
Hello everyone,I am trying to get started in real estate investing in the next several months. I live in Central Jersey and am currently finishing up my schooling to become an RN with my BSN. I want to house hack in C...