Hello BP,I am planning to house hack in Boone, NC in the next 6 months and am in the process of getting pre-approved for a FHA or 203k FHA loan and a 3.5 percent down payment. My goal is a duplex or triplex. The price...
Hi BP community,
Long term lurker and newbie here. After a couple years of analysis paralysis, I have finally decided to take the plunge and invest in at least 1 property before the end of 2020.
I found bigger po...
What do you think about this? Gov. Ned Lamont emphasized the role of homeownership in building wealth and community ties, with the average loan amount at $30,000 per household.Despite the program’s popularity, Sen. He...
So I'm looking into buying a home in the near future. The program I'm interested in is the Smartbuy. They are willing to pay off my student loan of $32,000. My concern is that the APR:7.152% and LTV: 95% with an inter...
I am currently under contract on a property that is enrolled in 4D affordable housing program. The current owner stopped complying recently.As the buyer and future owner, I would like to opt out of the program. Is the...
Hello I am still new to the investing world, so any advice would be helpful. I'm considering a purchase to use as section 8 rentals. It does not already have voucher in place. What is the process to get section 8 ren...
Hello BP community!My name is Alejandro Jimenez aka Alex. I am originally from Miami,Florida but as of 3 years ago live in Denver,Colorado. I have been growing my knowledge in RE investing through books, podcasts, web...
Hello! First time posting, first time home-buyer.
I have an approval and am currently in the process of contracting a single-family dwelling with an FHA loan. I am located in Virginia. There is a detached garage on ...
Hi all. I'm looking to have the discussion about using the 203k loan to get into my 1st "House Hack" situation. I'd like to explore pros and cons. I'd like to speak w/potential 203k lenders. I'm looking to get a 203k ...
Hi everyone! Help needed!!I recently listened to a podcast that spoke about HomePath properties and the types of loans one could get on a property categorized on such. Unfortunately, I only searched "what is a homep...