I'm not sure if this is even possible, but has anyone ever tried to use a conventional loan and hard money together for a deal? If I'm considering a property to do a flip, can I do a conventional loan with 20% down, a...

Really enjoying this BP community. I looked for a similar post but did not see one. My new QI, whom I like and was referred by someone on here, mentioned something about vacation properties (where we would intend to r...

We are working on our 2016 taxes. In December 2016, we entered an agreement of sale for a multi-family (Triplex). We did an FHA loan as we intend to owner occupy one unit and rent the other two units. We had a structu...

Hey everyone, I’m trying to find out what I need to get started with my first investment property. I am intending on house hacking. I have a decent credit score & money saved for down payment & closing costs (...

If I use an FHA 203k loan to purchase a home, I’m aware that I would have to occupy the home for a year prior to renting it out (generally speaking). However, I’ve read that a 203k loan can be refinanced after 6 month...

I was just replying to the post by Aaron Norris regarding some assistance programs for moderate income folks. Both LA County and LA City have programs for this. Now moderate income in LA can be over 100k. You go to so...

Hey all,I'm planning on using a primary residence loan on my first SFH or small multi-family house-hack; most likely an FHA loan. BUT..I am wondering what constitutes a primary residence?-Can I live there part time an...

My lender is telling me 4 days out from closing that I can't use 1031 funds to buy a vacation home. Is that valid?I sold a rental in March, and used over half the 1031 value to buy another rental, and planned to use t...

Should you tell your bank you want a loan to later flip it?

We're the K family, and are very excited to have found this site. We came across it while doing some research on Rich Dad, whose books motivated us--although now it seems that's not the right path to get where we want...