I haven't seen this scenario posted anywhere. If building a new ground up ADU on an existing 4-plex property - how do lenders look at this since there are now 5 units:- Would it qualify for commercial loan?- Would it ...

I'm not totally clear on this concept. I'm already in a 15 year mortgage on my townhouse and would like to roll into a house hack. From what I understand, I could not use an FHA loan to go into a duplex since I alread...

Those of you that have used commercial mortgages. How long did it take you to close these after appraisal was done? Was it faster than a conventional residential mortgage?

Hey all, I know for VA and FHA, that flooring should be within a SFH for the appraisal to come back good to go. However, I showed my agent a property that needs some work and that I wish to rehab myself. It does not h...

Hello everyone, Curios if anyone can help me figure out if it is possible to finance a concurrent close on 15 or so SFR's (different sellers) using conventional financing (assuming the borrower has good credit, reserv...

Hi folks, First time poster here! My wife and I are interested in starting out our REI journey by opportunistically buying 2-3 properties in cash flowing markets in the Sun Belt region over the next 2-3 years. Based o...

I will be purchasing a duplex in 2020 to househack and have started to research different loan options. The most common loan I have come across is the FHA loan at 3.5%. What is the benefit for using an FHA loan comp...

Hi Everyone,

I have been listening to the podcasts from Lifestyles Unlimited. Their main strategy for buy and hold is to purchase houses and fix them up with a hard money loan and then convert the loan int...

Hey everyone,Currently looking at my first investment property. Looking to do a live in flip/ house hack. Numbers are all checking out on the property. Im just in the process of comparing the advantages and disadvanta...

Hello, I recently purchased my first rental property in Utah which I remodeled and now I am looking into cashing out my money through a conventional loan for better interest terms. The mortgage officer I am using says...