So I was talking to my REA earlier about a mailing list for MFs, and I mentioned that I wanted to be able to use an FHA loan for those properties, and he said that an FHA loan would only work for one half of the duple...
I have a mortgage related question regarding a property I am currently in contract with and hopefully set to settle on in the next couple of weeks.I am purchasing a duplex under an FHA loan (5% down) with the expectat...
I'm new so maybe you just need to point me somewhere, but here's my question: How do you get the Lender to take the Property!! It's been 20 months since our previous renters left it needing extensive cosmetic repair...
Hello all, I am 32 years old and I would like to have financial freedom; with that being said, I am trying out Real Estate. It has always been the back of my mind but now I am ready to Jump into the waters; However, I...
I am trying to find a creative way to fund my first investment property. This quest has led me to a few questions that I can not seem to find answers too. First the back story.I am a veteran, I bought my first house a...
Hi Everyone!I've been interested in house hacking a multifamily property for a while now and I think I'm getting close to being financially ready. Before going to a lender I wanted to get thoughts from others on what ...
Hi BP world,
I need your expertise on this scenario. I will be purchasing and rehabbing a commercial apartment property using a 2 year Bridge Loan.
My exit is to stabilize the property and refi out into a FHA loa...
Hello all, My name is Terron and i have a background In Business Management with little to no experience in Real Estate investing. Currently I am living in my home that I have purchased in 2011 and now it has accumula...
Hello! I joined BiggerPockets today and look forward to networking and finding my way to time, location and financial freedom! I HAVE NEVER OWNED A HOME. Primary or rental.
Here is my current situation:
I'm 27 years...
I have been analyzing FHA and conventional loan, and I just want to double check with you guys on my thought process.I created a hypothetical property with following info:2nd property to own- DuplexPurchase price: 200...