Jonathan Bombaci
FHA Condo Arbitrage
So there is word going around that the FHA is changing their UW guidelines for condos starting in October. Currently in order to get an FHA loan on a condo the whole association needs to be approved by FHA. The condo'...
Taylor Shapiro
How does a rehabber buy his OWN house?
I'm interested to hear how some of you full-time REIs purchased your personal residence.
I plan on taking advantage of FHA financing with 3.5% down on a 2/3-family.
What paperwork/records would I need to prove inco...
David Reyes
Investors from florida or Investing in florida !
Hello everyone hope all of you are doing really great !!!Iam an investor looking to invest in florida (wich is the place that I live) and i have spotted some neighborhood that I would love to invest but would like som...
Nathan Dehn
First House Hacking Experience
Investment Info:
Small multi-family (2-4 units) buy & hold investment in St. Louis.
Purchase price: $122,000
Cash invested: $3,500
Purchased a small duplex with an FHA loan where I live in one un...
Ryan Brown
FHA $1.25m Triplex in CA at 1.75% 30yr Fixed! First purchase!
Excited to share that I just closed on a newly remodeled Triplex as my first home purchase and 2 blocks from the beach! Passing the Self-sufficiency test on 3-4 unit properties with FHA financing is truly a nightmare....
Account Closed
Where are the Multifamilies in Maryland?
Hi BP friends,I just got a hold of Scott Trench's new book Set for Life (Absolutely AMAZING read, by the way. If you don't have it and you're a W2 Employee like myself, get it. Please!)Anyhow, Scott makes a great poin...
Kyle Stoltz
Multi unit property.
If a person buys a multi unit and lives in it do they get the same financing as if it was an owner occupy home?
Garret Ball
Need advice before foreclosure auction Tuesday
Hey everyone, me and a few other guys are looking to get a house at a foreclosure auction on Tuesday. We have done a lot of number crunching to determine our max bid that we will stick to; we are not afraid to pass up...
Marc Gallegos
Owner finance- refi
Just a quick question I was hoping someone could answer. I cant seem to find the answer without contacting a loan officer. Im a few months into a owner financed single family home here in Oregon. We will hold this hom...
Duane Hundley
Conventional Loan Rules for 20% Down
I'm looking at doing a conventional loan on a property that I'll rent to my sister and mom. On the down payment of 20% where can this come from?
I was thinking about using a 0% check with my credit card for the $10...