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For a starter property, house hacking is always one of the first recommended routes used on BP. This was my original plan and have gotten pre-approved for an FHA loan. But I was not aware of the MI and how high they c...
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Hello, I have a investment house in Rockville MD, and I am looking for cash out refinance. The rates is greater than 6 from traditional bank? Is this worth it? what other options do I have to get more cash for investm...
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Hi, I currently live in the San Francisco Bay area, which is extremely expensive for a single female. I make decent money, however not enough to afford a house, maybe a small condo/townhouse with a high HOA. I did loo...
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Hey everyone, I am looking to purchase a duplex in the Dallas area and I am wanting to get a FHA loan to finance it. What are your thoughts on FHA loans ???? And does anyone have any awesome recommendations on a great...
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Hi BP community!I plan to enter RE investing through house hacking but I am a complete beginner and wanted to ask a question regarding loans. I am in the process of saving up cash for a down payment and I know one of...
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I plan to house hack my first investment property. I’m looking for a duplex or triplex in Delaware County, PA for around 200k-300k. I wanted to start off with working on a property with only minor repairs and cosmetic...
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Got a land contract question...
We are planning on moving to a nicer home next year.
The house we are in now is about $200k. We are at a nice low rate on it with plenty of equity. Not in a rush to pull the money ou...
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I currently own a commercial property with a long term tenant. The tenant is wanting to purchase the property with seller finance/owner carry terms instead of finding lending to purchase outright.What type of interest...
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Hey everyone! We are about to start renting out one of our properties and already have a tenant lined up so we were just going to do it ourselves for the first one or two properties. What software would you guys recom...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $68,650
Cash invested: $22,000
Buy and hold duplex. Cash invested in down payment and closing costs. We ar...