Hello
I am new here. I have read through the forums for some time and finally decided to sign up. I have some questions. I understand this topic may have been covered but I was hoping to start a discussion on my ...
Ok, I don't want this to be long so here it goes. Ask was 196k, offered 174k, purchased for 179k. 3 tenants already in, one moving out, one changing apartments - downsizing. Plan - close in September, renovate the ...
L.A.: $111M in Stimulus Saved Just 55 Jobs
More than a year after Congress approved $800 billion in stimulus funds, the Los Angeles City Controller has released a 40-page report on how the city spent its share, and t...
Hi everyone!
Could an FHA loan with 3.5% down be used to purchase a 4-plex?
My husband and I found a property that would cash flow and we're trying to figure out our financing.
Any tips or advice is greatly apprec...
This is my first time starting a discussion on BP. I'm hoping to get some thoughts on financing multi-unit properties and whether I should go for a 2 or 4 unit property.Some background: My wife and I live in the Bay A...
Hi - Does anyone know of any bankers who accept less than 20% down on a second home/investment property? There is no way I can come up with $40,000 to purchase each property. Thank you!
Very frustrated... we have fair-poor credit, excellent employment, and want to buy a house $399k, can put up to 20% down, buying a primary residence, but cannot get even a pre-approval letter. What are we doing wrong...
Not sure if this would be the exact section to put this so sorry ahead of time if it isn't.I was hoping to discuss the idea of making an additional principal only payment on my mortgage every month. I currently have a...
Is it smart to use an FHA loan to purchase a multi family investment property as a first time buyer? Or should I pay cash for a single apartment. I thought it’d be a good idea to use fha loan since I’ve never purchase...