Alexander Ramos
FHA VS CONVENTIONAL/BRRR
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...
Nicholas Sheridan, Jr.
FHA vs Conventional Fourplex
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...
Michael Bertsch
Reserves on conventional loan
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...
Roy Covert
Nola BP Convention 2020
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...
Levi Polter
Conventional Mortgage in Philadelphia
What is the best way to find a lender who will give me a conventional mortgage on an investment property with the best terms?
Lester Hess
Renovation Loan vs. Conventional
I am just starting my real estate investing journey and am in the process of trying to find my first deal. I'm looking for a property that we can renovate and then hold as a rental. I've been looking into what diffe...
Christine Durrance
FHA/Convention Refinancing Questions
I’m trying to figure out how to strategize financing for BRRRR’s. As a rookie, I might sound like an idiot but let me try and break down my questions. I want to use either an FHA loan or a 203 FHA to finance my first ...
Amy Lee
FHA vs conventional loan
What would be the perks of using an FHA loan to househack on a multi family home (duplex-triplex)? There's the lower down payment but that makes your mortgage higher, you have to pay the the PMI (I forgot the term on ...
Account Closed
FHA vs conventional loan
Hi BP famiglia! I am a first time home buyer and looking to purchase a multi family home - live in one and rent out the other. Is it better to apply for FHA loan and put only 5-10% down vs conventional 20% fixed loan ...
Brandon Drzewicki
Heloc or fixed conventional
So I’m likely about to purchase a rental property and I have a 220k pre approval but I realized also today I could likely use the heloc I have open at a .75 lower rate interest rate interest only granted floating and ...