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Hello BP Community,I am looking to move from my current property to a new one in a different state. I currently hold a FHA loan on my first residence and I would like to house hack in a new city. I have talked with lo...
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Here's a very bizarre scenario that I'd like to bounce off of all of you. I'm looking at a property that has a house, and 2 duplexes on some acreage. Three of the 4 units are already rented, and the 4th isn't curren...
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I’m always seeing forum posts about people having more than 10 property’s or maybe somewhere closer to 100! That’s crazy! But the first thing that comes to mind is, How do they finance all of those deals?? Doesn’t the...
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Does anyone know of a bank that will allow a 5% (or just a low) down payment on a conventional loan to an LLC? I know it sounds like a stretch. The most recent Real Estate Rookie podcast alluded to the possibility tha...
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I've done some searching and can't find an answer to this: I own a townhome in Los Angeles where the loan limit is $636k and the loan value is $455k. If I wanted to take out a loan in an area with the standard loan li...
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Hello, I'm new to real estate investing and was wondering if anyone could give their thoughts on me getting a hard money loan on a property for sale for $69,900 which doesn't need any repairs and brings in $1,700 a mo...
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Hello,I am about to buy a duplex at about 300K and wondering if I can make a conventional loan with only 15% down (or less). Assuming I have a good source of income (day job) and good credit score. I understand that I...
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I was referred to a mortgage broker for a re-fi on a rental property that I own (refinancing out my private lender in to long term financing). Long story short, late in the game, the mortgage broker has informed me I ...
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Hello!My husband and I have lived in our duplex while house hacking for about 6 months and are initiating plans for our next house hack. Our current mortgage is an FHA loan where we put down 3.5%. We want to do anothe...
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Hi everyone, i've got a couple questions and could definitely get some tips.1. Is it alright to buy a 4 plex in a high foreclosure area? I'm talking about hundreds of units. I'm thinking that since i'm geared towards ...