Hannah Joy
CalFHA ADU Grant Program - construction loan for ADU
Hey all, I just found out about the CalFHA ADU grant program - curious if anyone in Cali has gone through this process? They require you to get a construction loan through one of their approved lenders (there are only...
Kyle J.
Anyone dealt with New Penn Financial?
I'm looking to buy some more rental properties. I could probably buy 2 with cash, but I'd prefer to leverage my money and buy at least 4 more using financing. However, that will put me above the 4 loans that most le...
Shaniquea Fails
To Section 8 or not to Section 8 that is the question?
Soooo.... I am at the home stretch of completing my rental property and I am on the fence about accepting Section 8. Apart of me wants to accept it based off of the guaranteed income. Especially if I am able to put a ...
Tim B.
Financing a property with 2nd bathroom unfinished
Hi BP, I am under contract to purchase a 3 bed 2 bath in Atlanta, GA. The second bathroom is in the middle of a renovation and a leaky shower, the toilet, and vanity was removed. The master bath is good to go. The sel...
David Slovak
RE Loan Question, 4% interest vs 5% with paid down payment
Hi,I am currently in the process of purchasing my first home and have just completed some of the pre approval information. I was given the option to choose a 4% down payment loan without help paying for closing costs...
Corderos SMith
First Time HomeBuyer
Longtime reader first time poster. So my finace and took the first step towards purchasing a home. We recently got an estimated FHA loan approval for $125,000, our lender said she can use a tsahc (Texas state affordab...
Michael Plaks
Pointless to apply for EIDL loans right now
We all got excited about the EIDL loans from SBA: $10k free advance that does not have to be repaid, and then some great terms on up to $2M loans.
We celebrated too early. First we learned that it is not $10k. It is...
Alex Ballesteros
CalHFA Down Payment Assistance Program or CalHFA ADU Grant
I am currently in process of acquiring my first property in Compton, 2 bd 1 bath, 800 S.F with a 5000+ lot & 2 car detached garage. The property needs approx. $60K in repairs, so def in need of some remodeling, bu...
John Hilyard
Hard money lenders for buying out of state
Im at the point where Id like to begin investing in rental houses out of state, nearly half way across country in Georgia. Im seeking a hard money lender partner to facilitate the financial needs for that purpose. Doe...
Justin Ward
Anyone use the Syracuse Landlord Property Improvement Loan?
Yesterday while at a local REI group meet up, one of the guys was talking about finding The Syracuse Landlord Property Improvement Loan Program. (https://www.homehq.org/renovating-rental-property) He hadn't used it be...