Ignacio Val
renting a house with mortgage
Hi, can I rent a house with a mortgage? If I do it, so I have to inform my bank?
Thanks
Nnabuenyi Anigbogu
Using FHA for Creative Financing
Hi All,I have a plan/strategy that i am considering and i want a quick critique to make sure that none of it is fraud and that it is possible.My fiancee and i currently own (since may) a four unit building that we own...
Richard Jean
I went a bought a house...now what [My experience thus far]
First contribution, long time consumer of BP content. About me: 28 years old, first time home buyer and Floridian Nurse who plays OSRS.This project: I want to document and interact with the members of this amazing co...
Kenny Smith
How to lower my monthly Mortgage?
Hey BP community!Something a lot of homeowners, and even investors, occasionally forget about. PMI...If you put less than 20% down for your home when you bought it, you’re likely paying PMI or private mortgage insura...
Justin D.
First time home buyer loan questions
First time home buyer loan questionsOn the loan side what are some of the benefits of being a first-time home-buyer?Looking to purchase my first home that will need work.Where can I find the loan requirements for the ...
Tyler Gaede
Yet Another LLC question. Asset protection. personal loan.
So, my wife & i purchased a home in Texas. We financed the loan in our names, got a personal loan for a second home/vacation rental.I want to utilize an LLC for asset protection so that if something happens at the...
Natalie Davidson
Buying with everything you have a good idea?`
I am planning to buy a house with just about every dime I have saved. I may rely on the 5k in credit cards I have as a safety net. I know it seems risky but the homes at my maximum budget will likely produce the highe...
Casey Martin
Owner Occupied question
Hi, I am looking at ways to acquire rental property. I have a current home which I have lived in for 2 years with an FHA loan. I am wondering if I could move to a different home in the same area and acquire a “normal”...
Steven Gingerich
CMHC Home Improvement Loan
I’m going through a purchase right now, $152,000 for an up down duplex. I’m using a strategy I came across in one of Russ Whitney’s books. A home improvement loan.The IDEA is to buy a house, say $100,000.-$20,000 down...
Dustin Bang
From living in it to renting it. Insurance?
I've been living in my house since October 2020 on an FHA loan. Normal home owners insurance in Georgia. Is there anything I need to do concerning my loan or insurance with me now moving out and renting it out? Thanks.