Jewell Arceneaux
Attention Investors: Scale up starting with FHA
Hello BPP Forum Family,Currently in FHA property that I have been in for about 5 months now where I am creating value to add to equity. With the added equity and projected lower interest rates next year I am hoping to...
Stephanie Cabral
Section 8 Rents and Valuing a MF deal
Hi all, I'm reviewing a potential MF deal and looked at the rent roll. 100% of the units are affordable housing of various programs, including Section 8. I was surprised to see that all of the rents are substantially ...
Lily Sellers
Help! Is it wise to refinance my FHA to a conventional loan?
Bought the house for 198k over a year ago with an FHA loan and I have a $1059 mortgage. It is now worth about 245k and I have lived in the house for over a year and want to buy another property. I was wondering if ...
Keith Rowel
Rental Property Options. Good Move?
Hello BPers,So before I was saying I had good credit but no cash reserves so due to not giving up I believe I can get the cash reserves and also gain two rental properties. Tell me what you think about this situation....
Peter Buccowich
What am I getting wrong? A newbie looking to invest in DFW
Hello everyone,
I recently graduated from college and moved to DFW for the first time to start my first full-time job. When the pandemic hit, I found myself with a lot of free time and discovered real estate investi...
Steve J.
House Hacking Loan Strategy
Hello BP!I am currently house hacking a SFH which I used a conventional loan for. I am coming up on 1 year, and keep hearing that we are at historically low interest rates so I want to make my next deal ASAP. My plan ...
Kyle Spinale
FHA Loan
Does anybody have experience taking out an FHA loan? If so, could you please describe the process of getting it (i.e. requirements/screening process). Also, how has it treated you? By that I mean, would you prefer thi...
Michael Brown
Refinancing - Lose PMI
Hello BP,I have a scenario that I need help with. These numbers are pretty spot on and a situation I am about to jump in on, however I don't understand the logistics of the refinancing piece.Say I offer to buy a SFH ...
Bryan Pham
FHA vs Conventional PMI (5% down)
Hi BP,I am about to purchase a property and is given two options by my agent. One is do a FHA loan with 3.5% down on a property with an additional 1.75% for the MI upfront or do a conventional loan with 5% down. I am ...
Marina Feldberg
Vacation property 10 % down loan question
Hello! I am a real estate newbie who is interested in STRs in well established vacation areas. I have been scouting the forums on the topic, listening to podcasts, reading books, and reaching out to BP members. I am t...