Hello BP family!So I decided to get off the bench a couple months back and purchased my first property! Long story short I am in the refinance portion, and of course, this has been the most difficult part of the BRRRR...

Hi to all and thanks in advance. Right now I have a FHA on my principal home and a conventional on an investment property of 3 units. I just want some guidance on refinance options on the FHA, it's near or right on th...

Hypothetical scenario:

In a neighborhood where comparable units are $140k, I purchase a foreclosed single family unit for $70k using an FHA loan (because it affords me the possibility of the low 3% down payment).

Af...

Hey everyone, My wife and I are currently looking to purchase our first rental property. This is located in upstate New York. The owner of the property is selling the triplex we are looking at and a duplex right next ...

Hello everyone!I did some searching but could not find an answer to my question but I am currently set to close on my first condo as a primary residence in a couple of weeks. The place was built in early 1980's and wh...

Hi, my name is Joshua. I do pretty well on eBay and if anyone has questions related to that area I'd be glad to help. I'd also be grateful if I could get some advice on a situation I'm currently in regarding refinan...

I've read how people create an LLC for their REI adventures and secure commercial loans versus getting conventional loans under their personal names. To my understanding the commercial loans closer quicker and are an ...

We recently ran into a great opportunity!  Because of our success with our first Direct Marketing Campaign, we decided to target another area and last week was our first week to hit the new area.  We had a great respo...

I'm interested in financing a multi-unit property in the Boston area with an FHA 30-year loan.  This may mean a $400k+ loan with at least 3.5% down.How would this 96.5% LTV affect my ability to obtain future financing...

Hi BPers! My fiance and I just closed on our 10th property (13 units total) in the San Antonio area. He has 4 mortgages and I have 5 mortgages in our own name (we aren't married, yet!). I'm trying to understand how to...