Nick Folwell
FHA assistance programs
Are there any disadvantages on using assistance programs on an FHA loan?
William D.
Pay Down Mortgage to Remove PMI, Than Take Out HELOC?
Good Morning!I am trying to put together a plan for a down payment on my first investment property. I purchased my primary residence around February this year. I paid $260000 and rolled in $15000 in closing costs ($27...
Nick B.
My starter strategy
I've been browsing BP for a couple of weeks now and have been pleasantly surprised by the quality of the community here. Thanks for making this place so valuable.
I am looking for advice. My wife and I own a home,...
Sam Morgan
Should I refinance FHA to terminate PMI
Hi All!I purchased a duplex for $340k w/ 5% down on a 30 yr-FHA @ 2.75% w/ $21k all in. I currently cash flow $265/mo (10.6% coc). PMI is $213/mo. This is a house hack, so next yr cash flow $640/mo for a 25% return. T...
Chris G.
To Refi or Not to Refi
Hey everyone!Here's the deal. I have looked all over and crunched the numbers and wanted to see what the overall consensus is on a FHA to Conventional loan to get PMI removed. Since I put less than the required amount...
Will Russell
Triplex/Quad Investment
Hello everyone. I am working on purchasing a triplex or a quad and have two questions that are preventing me from making any forward progress, and I would really appreciate any input.
1. Currently I am living rent f...
Stephen Underhill
first property questions and FHA changes
hello everyone,
first off, thank you for taking a minute to read my post and i appreciate any suggestions you choose to offer. This is my first actual post to BP! so to start off and briefly describe my situa...
Alfonso Isarraras
When is having an FHA good to keep ???
Hello everyone Im Alfonso a beginner in this new pursuit of building my portfolio. I have a year with my primary home financed through FHA with a really low apr. Got some equity to get out off that loan but not enough...
Jennifer Newby
Fourplex purchase with FHA 3.5 down in pricey Alaskan market
Hoping to get some insight on an opportunity I have. There's a fourplex I'm looking at, seller asking 550,000 that I can qualify for with an FHA, 3.5% down, using the rents from 3 of the 4 units. I love the idea of ...
Tyler Jenkins
Refinancing- What are My options
I currently owe $223k on my current FHA mortgage. Loan is 6 years old. I am at 5%. My goal with the refinance is to get my payment as low as possibly to help save a little bit more and buy another home in the next cou...