Curious as to thoughts on owner carry v conventional financing. It has been my understanding that owner carry is typically something a buyer does when they have insufficient credit, or ability to qualify for a loan. I...
Looking at a house that is selling for $80k. My guess is it needs about $20k in renovations. Final value will be about $135k. I'm interested in doing the BRRRR method as I think this will be better off than flipping b...
I was bummed to learn of the BP Convention being postponed in NOLA this year, we were psyched to attend for the 1st time. Any chance you could do the breakouts virtually ( I mean, it’s not like we aren’t all mostly wo...
I’m planning on buying a duplex or triplex mainly because I want to rent the other units. I think this is a great way to start my Real State journey as an investor to then continue on buying other rental properties in...
Hey everybody. I want to start looking at financing for a fourplex property in NJ and I am stuck on the fence between FHA or Conventional financing. This would be my first time buying a house and I am looking to house...
I have multiple investment properties and living in a SFR. I am wanting to buy another house to owner occupy and turn my current house into a rental. What are the reserve requirements for a conventional loan with Fann...
Hello BP members. I am currently looking for 2-4 unit to house hack on FHA loan near midway area. Price range 300-360k which is high, getting 1% on gross rent is barely doable. I am trying to look in the surrounding...
Hi, all! Still soaking up knowledge here. I have a kind of specific question about conventional loans.I have been networking with local real estate investors in my area and actually was blessed to have the opportunity...
Hi All,Silly question and I expect the answer will be 'no', but I've seen stranger things in FNMA rules...I know my wife and I can each have up to ten conventional mortgages in each of our names. Can we somehow quali...
When dealing with 5plex and up the banks now look at the NOI and cap rates. My question is when applying for a loan for a multi-family over 5 units do the banks still take into account your personal debt to income and...