Lynae Mamey
High credit should I get FHA loan
Hello,
We want to purchase a duplex but a lot of the options require at least 15% if we want to house hack or 20-25% if we buy as a straight investment property. To get around the capital needed for the down payment...
Ryan Thomson
House Hacking Loan and Downpayment Options
One of the major considerations when buying a home is the down payment. A down payment is the amount of money you pay upfront when purchasing a home. It is a percentage of the home’s sale price, and the rest of the pa...
Kevin Luttrell
Estimating Capital Expenditures
Hello,
I was wondering if some experienced investors out there could provide some quick tips/advice on estimating CapEx when analyzing potential deals. Obviously this is impossible to perfectly predict and I know it ...
Brandon Burch
Is it worth refinancing a long-term rental to gain a point on the interest rate?
I currently have one investment property in Fort Wayne, IN. This is a single family home and was originally a primary residence before turning it into an long-term rental.Some strategies I'm considering to grow my por...
Ethan McRae
How easy is it to refinance FHA to conventional?
My business partner and I are interested in househacking a duplex together. As of now, it appears with all the uncertainty and chaos that corona has brought, banks are a bit hesitant about lending doing 5% down conven...
Sieanna Ariel
What is the financing and investing options? experienced users?
I feel stuck due to the uncertainty of knowing how to get started with little to no money. My partner and I wanted to go the FHA method, but we wanted to understand what are the estimated amounts (min-max) you are giv...
Henri Meli
Does FHA Loan make sense for Investor?
I have a quick question for which I couldn't find a clear answer after searching through the forums.
I own a primary and three rental properties. The primary is on a 10 year conventional mortgage (refinanced ...
John Havel
Refinancing an FHA/203K loan to Conventional (Cash Out)
I'm wondering how long it typically takes to refinance an FHA or 203K loan to a conventional or if its even possible to do that in a short timeframe such as within the first year of the FHA loan. I'm just getting star...
Account Closed
2-4 Unit Multifamily Acquisition in New York City
Looking for anyone who's brain I can pick about their relevant experience investing in small multifamily in NYC or other high-cost entry markets around the US-I work in commercial and am interested in making an inves...
Jerry Sanford
First time homeowner considering refi, is it worth it?
In August 2012 I became a first time home buyer in Nevada. My rate is 3.75% on an FHA loan. The house was purchased in concert with a non-profit who provided $15K towards principle. I bought the house for $100K. T...