David J.
How are people getting more than 10 loans?
I find that fannie and freddie cap you at 10 loans. To get 20 homes using BRRRR there needs to be many refinance loans. How is this happening? How are folks getting around reserve funds for the next loan? Are private ...
Jordan Fair
Seasoning Periods for cash out Refi's?
Hello everyone! Im being told different things by different lenders on seasoning periods for cash out refi's. Some lenders say 6 months, some tell me 3 months, some say me no seasoning period to do a cash out refi. Is...
Rick C.
Seller Repairs Advice
Hello -
I am in the middle of an inspection period for a duplex. The inspection report came up with some significant repairs that need to be done (all categorized as safety issues and major issues). The pre-i...
James Reyes
VA investing strategy
If I were to use my VA loan to get a multifamily (under 5 units), this whole idea of the one year stipulation keeps arising through other discussions. So my work around, option A. build rapport with a local bank and r...
Justin Jolliffe
The fastest way to eliminate PMI?
I'll cut straight to the point:I am purchasing a 3 family to house hack and I want to get rid of PMI as soon as possible. Here are the numbers.Purchase Price: $335,000Gross Income $3600.I have the money to put down 3...
Jen Anderson
Hassles of buying a Triplex in Oakland, California
Hi all,Was hoping for you some advice/answers to my many questions. I am planning on House Hacking by buying a Triplex in Oakland and then occupying 1 of the units, renting out the other 2. I found the perfect proper...
Anna Marcotte
I found a BRRRR, need help with an offer!
Good afternoon investors, I need a bit of assistance! Quick backstory - I want to get involved in real estate investing and I also need a primary residence (currently renting). I decided that a BRRRR property would be...
Andrew Lapham
General advice on a financing plan for first deal/Interest rates
I am a complete REI newbie looking to gain some knowledge on the financing side of a potential first deal. I was looking for some advice on the following financing plan, plus have what I am sure will turn out to be a...
Daniel Kokodoko
HELOC on rental properties
Hello, we have 2 rental properties in Salt Lake City, and both have conservatively at least $200K in equity in each. We would like to open a HELOC of $100K on each. Does anyone know an investor friendly lender that wo...
Johnny Mack
Possible Lay-off Right Bofore Closing
I’m currently looking at closing on a house hack in the next couple of weeks in PA. I’m an aircraft mechanic for a major airline and if there is no bailout I will be laid off. Good news is my old job called me and ask...