James Woods
My house dilemma seeking guidance if possible
so I bought a house with fha about three years ago and lived in it for a year. I moved out of the property and rented it out and it is still rented out currently with positive cash flow( don’t want sell). The issue I ...
Matthew Wright
BRRRR Strategy using commercial loans for 1-4 unit properties
Does anyone acquire rental properties thru BRRRR strategy, using commercial loans for 1-4 units and does it work well? Talking with my commercial broker, it sounds like it would be a nice flexible way to build up my p...
Mike S.
Fannie Mae 5-10 down payment reduction?
Have the rules eased on the 25% down payment on 5-10 properties? My lender was thinking they could get it at 20% now.
Eugenia K.
Is PMI a better choice in a low interest rate environment?
I've been looking at investing in my first small multifamily property with 20% down, but recently started exploring putting 15% down in order to hold on to more cash (to invest in my next property) and pay the PMI (or...
Jasmine G.
Rental Property Financing
When you have a potential investment partner for a rental property, how do you typically finance the mortgage on the property that makes your LLC the owner on the title/deed and not you specially? For conventional fin...
Jake Meir
Commercial Versus Conventional Loans
Hello, This is my first post and have been reading a lot and appreciate everyone's advice. I own a duplex that is worth about $500k, and owe about $220k. It currently has a 3.25% 30 year fixed rate with about 23 years...
Imran Mohammed
Looking to make most of my first buy.
Hi BigPocketers, this is my first time posting on the forum. I am almost ready to get my first house in a few months. I am thinking of getting a distressed/rehab home using a conventional loan and then getting it up t...
Immanuel Pierre
How many times can you use an FHA/VA loan
How many times are you able to access a VA Loan/FHA loan without refinancing previous loans? For context, I have used my VA loan twice, both as primary residents. I bought one at my second duty station then my second ...
Tom P.
Conventional Mortgage Question...
Hello. I'm looking to purchase an investment home under contract. I have low DTI, high credit score (790+ FICO), and high amount of liquid assets. I'd rather go with a conventional loan to get a lower rate and fee. Ho...
Taz Zettergren
Mobile Home Lenders
Hi All,I'm going down a new venture investing in a mobile home that's on 3 acres. All I've ever done is single families so the conventional loan with 25% down has been the go to. I know mobile home loans can be differ...