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If I currently have an FHA loan that was used to purchase a multi family 3 years ago, and would like to buy an owner occupied single family while keeping the multi as a rental, what are my down payment requirements? I...
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I am looking for options to put as little as possible down on investment properties (not owner-occupied). I want to stretch my dollars out as much as possible, to max out my ROI. So far, the FNMA HomeStyle rehab loa...
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I am looking to purchase a lot and build a home for my family. From what I understand, it can be a pretty expensive proposition. Thankfully, I might be able to take advantage of the SB9 law that allows me to split the...
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I’ve found a beautiful multi unit in Bay Area that has an extra lot next to it. The lot has a different parcel number so the bank won’t issue a loan for it. I don’t have enough to buy the lot by cash (even small lot i...
My brother and I are planning a glamping campground with a goal of 10 - 20 geodomes. We are looking at different options including purchasing vacant land, small home with land, building a small home on vacant land, o...
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Hi all, so I want to purchase my step dads home via seller finance, the goal is to utilize that properties equity to cash out refi and use those funds to purchase a small business... Would a traditional lender allow m...
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While reading the BRRRR book, I became confused on the financing aspect of the process. In one part of the book, David Greene mentions that the home must be purchased with cash, but then later he says it is possible t...
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I am new to finding properties and am exploring financing options and looking to understand how everyone finds/obtains low down payment finance options (5 - 10% down vs 20-25% down). Also, how does everyone find other...
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What type of financing is available for someone with good savings (plenty for a downpayment) and good credit (760) but no w2 income?
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Hi BP Fam! I just wanted to post and introduce myself. My name is Ryan Montes, and I am a branch manager with Change Home Mortgage, based out of Anaheim Hills, CA. I have been a part of the BP community for years and ...