Dominic Watler
Brrrr 4 plex from LLC to Personal name
Hey guys and gals. I’ve been in real estate for exactly 1 year and have flipped 2 properties so far with one more about to go on the market.I am currently renting and own no homestead. I have a 4-plex in central next ...
Steven DeMarco
Help with deal analysis on house hacking into a fourplex
Hello everyone - wanted some help fleshing out my thoughts on this deal analysis for a fourplex in Utah. I'd be owner occupying one of the four units and using an FHA 3.5% down loan. Also, I may have the option to get...
Jacob Northfield
Unexpected repairs after FHA appraisal
Hi everyone,I'm under contract and about to close on a duplex. The offer had an inspection contingency, the property was inspected, repairs were made, and the contingency was removed. We then had the house appraised w...
Gabriel L.
Can you use FHA 3.5% DP multiple times??
Hello BP community,
I'm getting into real estate investing with the buy and hold househacking strategy and planning on going the FHA 203K route.
I know if you're a first time home buyer you can get away with 3.5% do...
Joani Riley
Bad idea if we don’t have 20% down?
20% down vs PMI..Looking to buy a home with my partner. I have heard not to buy without 20% down because of PMI costs. But I’ve also heard that more frequently people are buying without 20% down now and PMI costs aren...
Steve Sorensen
Seller Financed Triplex
HiI’m looking at a triplex in a Minneapolis suburb. Recently, I’ve been looking to buy a single family property as my first property so I was planning to use a 5% owner occupied loan to buy the house. My realtor broug...
Eric Alvarez
Buying Real Estate After the Military / GI bill
Ive come across numerous different responses regarding this topic.Im transitioning out of the military in 11 months, the goal is to purchase a 2-4 unit to househack when i get out while going to school collecting BAH,...
Madeline J.
Portland, OR vs Minneapolis, MN for house hacking
Hello, I currently work and am in grad school in Portland, OR, and am planning to move back home to MN in a little over a year. There is a 3bed/2.5 bath townhouse for sale in outer SE Portland for sale (probably woul...
Shannon K.
ASTRONOMICAL FHA 203K Closing Costs?
Hi everyone. I am looking for help from those familiar with FHA 203K rehab loan closing costs. I received my loan estimate...$95,000 loan total. Almost $14,000 FOURTEEN THOUSAND in closing costs?! <--Does not inc...
Michael Dunn
5/1 ARM or a 30 year fixed..........
I am trying to weigh my options on if I should go with a 5/1 ARM or a 30 year fixed mortgage. I was leaning towards the 5/1 , because
1. I could get a cheaper interest rate initially
2. I don't plan ...