Travis Dumont
Fannie Mae 5% Down Program
Hi guys, quick question regarding the Fannie Mae owner occupied program. This last March a used the 5% down program to buy a duplex in NH. If I live in the property for a year, can I use the same program to purchase a...
Wyatt Webster
First house; buy and hold
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $230,000
Cash invested: $70,000
Put 20% down on my first property, I lived there for a year while adding two bedr...
Tyler Relph
Financial House Before Investing?
Hi everyone...I've done quite a bit of learning about real estate investing and have plans of starting into it one day. With that said, I am the sole provider of my 5 person family and will be starting into my doctor...
Cathy S.
How to accelerate saving up for down payment for next property
I would like some ideas to accelerate purchasing investment properties that isn't just saving as much money from my full time job and setting it aside to get that next 20% down payment for the next property. Some cont...
Tim Ball
Line of credit vs. hard money: which is better?
I am very familiar with hard money but I am not certain exactly how lines of credit are set up. If you are able to secure a line of credit, and you are looking to purchase buy-and-hold properties, would that be a bet...
Landon Hoon
5% Down 2-4 unit Financing
Yesterday we received amazing news around 2-4 unit financing for house hackers!
This change will take place on November 18th and allow for clients buying a 2-4 unit owner occupied property to only put 5% down.
Mai...
Tony Wooldridge
Opportunity or Shiny Object Syndrome?
Hello Washington State BP Nation! It has been awhile since I have asked for your advice/help on something. I have been extremely busy on my 1st Flip project which is not the reason I am here today. We just found ou...
Andrey Y.
HELOC vs. cash-out to buy future investments cash
What are your thoughts on this? If you wanted to pull out ~$150,000 from a free a clear property, to buy (immediately) 3-4 less expensive properties at a distance, would you opt for a cash-out refinance or a HELOC? I ...
Alexander Kostrubiec
Is it legal to airbnb a owner-occ unit in an owner-occ 4flat?
Hello everyone. Thank you for viewing my post.I'd like you to consider the following situation: Imagine you own an owner-occ FHA loan 4flat residential, you have the 3 other units rented out to tenants, and 1 owner-oc...
Kevin McCool
Cash out refinance a rental to repeat?
Hello all, long time reader and first time post here. I appreciate all of everyone's contributions here as it gave me the confidence to step up to the plate and recently closed on my first long-term rental.
I live ...