Chelsea Ross
Creative Funding for HouseHack/BRRR
Hello. I'm in the market for my first house hack deal. My mortgage broker doesn't offer the 203K loan or the HomeStyle loan (offered by Fannie). I'm looking for a creative way to get some immediate equity through forc...
Arman Jay Tigran
FHA for multifamily
Hey everyone! I am planning to buy a multifamily property and house hack it. Since I’m only 22 I don’t have much to put as a down payment so fha is my best choice. One concern I have is that I am required to live in i...
Kaitlyn Aragon
NEWBIE FIRST DEAL-FLIP What is your opinion on these funding strategies? Next steps?
Hi everyone! The last post I did here in BP brought me SO much knowledge and wonderful people who have extended a hand to me. So thank you! I have decided on sticking with my strategy of flipping (I did a mentorship o...
Brandon Yokoyama
New Investor in the Seattle/Tacoma, WA area
Hello Everyone,My name is Brandon Yokoyama. I am a new investor looking to relocate to the Seattle/Tacoma, WA area via house hacking.My journey that brought me to these forums:During the COVID-19 pandemic, I realized ...
Mark Miller
203k loan requirements / questions
Hypothetical sistuation, but I was thinking about 203k loans. All the requirements are pretty simple, but towards the end of the brrrr strategy, I am led to ask a question. So let's say I get a 203k loan on a proper...
Ricardo Olea
First Ever REI Meeting
Hello BP,A first post looking and looking to get some good feedback. Decided to get the ball rolling, you know what they say you have to actually get started to be successful. So I contacted my Loan Officer who helped...
Ben McCaleb
First time investor in DFW area
Hello all. I am just getting started in real estate investing and am located in the DFW area, which is also where I intend to make my first buy. I do have some experience buying, selling, and even briefly renting a ...
Michael Potts
203K vs Homestyle loans
Hello BP folks. I am thinking of buying a property with a 203K or Fanny Mae Homestyle loan. Does anyone have experience with these loans types and if so is the process as painful as I have been reading about? What are...
Account Closed
203K loan or Similar loan process
Hey everyone,We are planning to use the 203K or Homestyle Renovation loan on our next primary property purchase. My question is when does the contractor come into play when determining cost of renovation and mortgage ...
Stephanie Dean
203k nightmare- contractor from hell
I recently bought my house using the full 203k loan since the house had some possible structural repairs that needed to be done on the raised foundation. The repairs needed to be completed were not astronomical compar...