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I'm looking to purchase my first home and I have good credit. Here is my plan: 1. Put down 3.5% and receive an FHA loan to purchase a multifamily home with 3 units and 3 bedrooms per unit2. Live in one of the bedrooms...
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Hi there!I'm new to multifamily and am looking to understand what sort of loans I will qualify for when trying to purchase a 16+ unit. I understand I'm most likely looking at 25% down with 6 months of PITI reserves.My...
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Hi everyone -I am working with a buyer that has a property under contract for a while so needs to close on it using personal cash. His plan was to do a fix + flip program but can't do so due to running out of time to ...
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Hello BP Community,I would really appreciate some feedback on a program I am planning on designing.The concept is a computer program which scans through Civil Court records to ascertain junior and senior liens and if ...
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Hello All,Our fix and flip business has had a lot of success and I am getting ready to quit my W2. Very exciting to get to this stage but it raises a few finance questions. I would ideally like to tap into my 403b t...
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Hi BP community,
My wife and I are going to be purchasing an investment property whereby we are going to live in one side and rent out the other, thereby living rent free and cash flowing a little in the end,...
Hello long time lurker here with a question. I am looking to purchase a triplex/quad within the next year through the home possible program. I’m a 23 year old self employed contractor with a 700 credit score.
From 20...
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My friend has found a deal on a two family in his town in Hull, MA and has it locked up at great price, probably $20k under FMV. He currently lives in a single family with his wife in the same town, but they are plann...
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I am looking into a women's real estate investing mentorship program. Any advice about if I should put out 9K to be mentored? It's for 16 weeks and lifetime access to her students who have succeeded as well as forms,...
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Hey guys! Finally decided to post a question on the forums as I am currently looking to purchase my first home. I'm from Columbus, Ohio and am looking for a loan that allows me to put little to no money down and also ...