I was taking care of a necessary evil earlier in the week: continuing education to maintain my MN real estate license. I came across the following question...As an agent who primarily uses my license to invest, this...
I’ve been reading as much as I can on BP and one thing that is highly recommended is the use of an FHA loan to purchase a multi unit property to house hack. When I bought my first home I opted to use the VA loan since...
Hey BP,Have any of you used this strategy? I guess its not much of a "Strategy", but more of another way to get into a mortgage. Im starting to look into my second rental property and would be moving out of my curre...
Hi guys and gals, I'm kind of new to investing and I have kind of a unique situation. So I have currently 2 mortgages in my name one (fha my current residence) and another conventional loan. My first property i purcha...
Can a boarding house qualify for FHA financing if it's considered a residential property? There is 11 bedrooms all rent for $400. The only concern is the property was built in 1850.
Purchase price $150,000
FHA loan ...
Hi! I've been reading a lot on BPP for the last 6 months now and am finally getting to looking at properties! I'm currently looking at some MF in the Hudson Valley and want to finance it with FHA, as it would be my pr...
I've been looking into multifamily properties, and some of them accept FHA loans and some don't. I figured maybe it was due to the property's price. But interestingly enough, I saw a $400k duplex that takes FHA loan...
Hello! I debated between posting this here and in Conventional Financing, so here's to hoping I picked the right forum!I'm toying with the idea of purchasing a less expensive property outside of my local area for buy ...
Hello BP Community! I am new to Real Estate investing and was curious about the different strategies in which you have raised private money for a deal? Seeking advice on the structure/layout of the proposal and what ...
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...