Josh Brosius
Look for multifamily in foreclosure or stay away?
I'm 22 years old and looking to buy my first house. I want to buy a multifamily less than 4 units and have the other units help pay mortgage. The question I have is I see duplexes up for sale around 100k but I see for...
Jose Corbera
Why are mortgages so expensive?
Hi All,I'm about to purchase my first home with the intent to rent it out in due time. The cost of the home is 225k with 3.5% down. My monthly principal and interest is 1054.72, but when including hoa fees and the oth...
Greg Bohn
House Hacking in the Bronx
Was wondering if anyone had experience House Hacking in the Bronx? Or even any large city where rent and property prices are high. I was looking into the idea of using a low money down loan to purchase an apartment...
Joe Koppel
What kind of a lender should I use for rentals?
I plan on buying some rentals. I have built a rapport with a lender at Citi that is very eager to be my lender on multiple properties but I don't know a whole lot about the lending end. Are there other types of lender...
Nicolas Thatcher
What loan is best for current investment property?
My wife and I bought our first property in June 2018 in East Austin as our primary residence with cash. Since then, I have bought another house (with mortgage) closer to town and now rent out the first property I boug...
Hector Salas
Mortgage Insurance on FHA loan?
Hello BP community. My wife and I, are in search for our first multifamily investment property. We will be using the house hacking strategy. We have ran the numbers on many, and have came across a few that might work....
Johnathan Walton
Should I pay off two loans before saving to invest?
I have a personal finance scenario where I'd like to know what other people would do if they were in my shoes.In January 2021, I'll be about 18 months away from being completely debt-free (I'm currently renting for $1...
Eric Calabrese
More money down on a deal?
Hey fellow pocketers, so I’m officially pre-approved by two lenders which I will most likely go with USAA since not only is the rate cheaper but it lowers my car insurance but that’s another story. I noticed both lend...
Stephanie Polydoroff
Auction Question
Hi there,Attended my first auction today to watch and it was an interesting experience! I was pleased to see there are still deals to be found in hot markets like Phoenix. Though..I left with several questions.On the ...
Denver Chavez
House Hacking the Santa Barbara County area
Hi BP community!Does anyone have any experience house hacking the Santa Barbara area? Such a premium and overpriced area seems like it would be difficult to offset what a mortgage would cost, in this current market. H...