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Results (1009)
Liam Marshall Questions about the knew Fannie Mae 5% conventional loan.
7 December 2023 | 1 reply

With this new Fannie Mae conventional 5% down on multi-family loan is is it similar to the FHA loan where I can only have one out at one time or can I take as many 5% down conventional Lonas out as I want. Are there a...

Djoye G. FHA 1st buyer - Experienced 203k lender needed
17 May 2017 | 1 reply

Hi everybody!My husband and I are trying to buy the house we are currently living in. that will be our first purchase and we really don't know much about real estate so my apologies if the questions I am about to ask ...

Vy Mai Confused with the estimated Total Monthly Payment
17 December 2015 | 13 replies

I've been trying to contact my lender but haven't gotten the answer. So I'm reaching out my BP members :)My questions is based on this estimation, is my monthly paymnet $1070.42 or will it be $1070.42 + $285.15= $1355...

Jon Wimmer Loan advice for househacking Tulsa area
29 December 2018 | 5 replies

Hello BP!I was wondering what type of loan I should expect from a lender if I have a good credit score, working as an engineer, and am looking to live in a small multifamily in the Tulsa area. I want to be able to wra...

Jason Malabute mi vs pmi (mortgage insurance)
8 March 2017 | 10 replies

When lender says, "For FHA loans, there's a 1.75% upfront MI (usually added to loan amount) and 0.85% monthly MI" What does that mean???For example, if the property is worth $559k, $200k down, and $359k loan would fol...

Drew Moyer Building strong credit
17 April 2017 | 4 replies

hey guys not currently in real estate investing but learning and trying to prepare myself for best success. Currently in school saving and investing in stock market and just recently got a credit card to try to build ...

Jordan Hamilton Miami 4-plex analysis!
20 June 2019 | 6 replies

Hi everyone,Im a new investor in Miami area. Worked hard over the past year to save up 30k for a residential income property. Preferably 3-4 plex while at the same time studying blogs and every book I could get my han...

Steven DeMarco Help with deal analysis on house hacking into a fourplex
7 May 2023 | 3 replies

Hello everyone - wanted some help fleshing out my thoughts on this deal analysis for a fourplex in Utah. I'd be owner occupying one of the four units and using an FHA 3.5% down loan. Also, I may have the option to get...

Albert L. TEAR THIS IDEA APART
10 December 2018 | 16 replies

I just finished the 1st chapter of No/Low Money Down and learned about FHA + 203k Loans which gave breath to some ideas. Tell me why this won't work! For example...Say we found a foreclosed house in Oakland. Let's use...

Jeremy Schappert My Strategy For Selecting a Mortgage Lender/Broker
24 January 2023 | 8 replies

Selecting a loan officer in brief…For experienced home buyers, I want to quickly lay out my strategy for picking a loan officer. Subsequently I’ll go into the detail for those interested or less experienced with the ...