Tyler Jordison
FHA Mortgage Insurance
Hello BP, I am getting ever closer to house hacking my first small multi on an FHA loan and have a quick question - We plan on buying with an FHA 3.5% loan, 30 year. I know this comes with two mortgage insurance premi...
Christopher Brown
HELOC - Choose lower short term or long term rate
I'll start off by saying I'm a newbie. I love BP!My wife and I are looking to fund our first deal. We have ~25K cash and $75K in equity in our house and we are looking to use a HELOC for down payment and/or rehab f...
Mike Geier
Should I turn my primary into a rental if it doesn’t meet 1%?
We plan to move in the next 4 years to a better school district.
We purchase our townhome for 251k. If we keep it as a rental we can get 1750-2100 per month in rent.
This violates the 1% rule. The mortgage rate is...
Kris Kelley
New Investor 2023 STL
Hey my name is Kris Kelley Im a brand new investor and I am 22! I am in the St. louis market right now reading and analyzing everyday. Id love to connect with anyone in STL or even out of STL really, Im invtroverted b...
Jalen Phillips
Moving to 1 income
My wife and I have come to the decision that we would like to go down to one income and I focus on real estate investing and pursue another way of obtaining income. We have decided we will house hack if the right oppo...
Jermaine Gourdine
House Hacking
Hello BP,I'm a new member and a beginner in real estate investing. I'm interested in house hacking a 4 unit property? The downside to this seems to be the fact that I will not be able to close on the property under an...
Cassidy Burns
Financing Your First 5 Deals
Hi BP,As a new "real estate investor," you can get overwhelmed with the influx of information that is available. I have read multiple real estate books, currently listening to every BP podcast (currently on #59), con...
Fox Barolo
Help analyzing this mobile home park.
How does this deal look? I would go in on this with a partner as this would be my first deal, but I want to get input before I present it to him.
Anthony Fu
Questions with MF investing.
Howdy BP Community! I am fairly new to the MF investing and have a few questions.1) Can a loan be applied under LLC or has to be applied by the partners of the LLC?2) What are the loan options that won't require a goo...
Andrew Russell
First Time Home Buyer - Need Advise
I'm a first time home buyer needing some advice regarding amount of mortgage downpayment based on my particular situation. General advice seems to be to get the longest maximum mortgage possible... like 10% down / 25 ...