Hello everyone, I am brand new to BP. I’m from south west Connecticut and am looking for my first 2 family (or more) to house hack. What kind of loan should I use? How much should I put down? Any tips or advice would ...
I read an article awhile back about refinancing an FHA loan to a conventional loan. If I remember correctly in order to refinance you must have 20% equity in the house.
So my question is: If I bought a house on an FH...
Hey everyone, my boyfriend and I recently got into real estate investing. We bought our first primary residence near Nashville, TN in 2021 with a conventional 5% down loan which is currently a furnished rental. We bou...
Hi,
I'm thinking of doing Investment Property conventional Refi.
I had my current loan for about a month, and previous loan for about 2 months. I did refi on these.
Is the requirement now to hold the current loan f...
I currently have 10 mortgages in my name so I am just learning about a DCSR loans.
Is this pretty much the only option once we hit that 10 loan cap for conventional loans?
Any other creative ideas that you have see...
Are the terms/requirements/guidelines for a conventional/conforming Rate and Term refinance different than a cash-out refi? Not asking about the differences in the product/concept, I've got that. Also, not talking a...
Hello BP community! I'm a newbie investor but I'm so excited to get started. I've got about 50k in capital. I want to start an LLC and start buying rental properties. My question is if I'm am LLC buying my first or ev...
I was thinking of using an FHA loan to purchase a triplex since up to a 4-plex is considered residential so I thought of using FHA. I just found out about the FHA self-sufficiency rule that does mot qualify triplexes...
I am looking to buy my first home and have been pre approved by one lender. I want to shop around, but how do I actually do that. I am currently not looking at any house in particular, so should I just be asking for t...
I received the following question via private message today and it reminded me that most consumers don’t understand where lender's guidelines can be different and in what situation lenders must remain the same. Below...