Hi all!I'm looking for any and all advice I can get on preparing, searching for, and finding my first property. I'm hoping to find a successful house hack somewhere in the Los Angeles and Orange County areas with my c...
Hi, I hope you're doing well.I am planning on purchasing a single-unit property either a Condo, Single Family or Townhouse as an Investment Property. Questions:1. I wanted to know when it comes to financing with a ban...
Hi Everyone! I am actively searching for my first multi family property here in the suburban Philadelphia, PA area. I am 24 and new to the investment game. What I would like to do is to get FHA and live in one of the ...
If I were to purchase a Trip-Plex with the expectation of living in one of the units. Would I be able to use the 203k loan to rehab the property? I know it works for your basic single family home but will it work for ...
I'm looking at the FHA and Fannie Mae loans for a quadplex in St. Petersburg. I would qualify for the FHA loan or the Fannie Mae loan as an individual. I have around 20K to put down myself along with another 60K from ...
Happy Friday BP! As we all know, Fannie Mae has come out with their 5% down, owner occupied loan for multifamily (2-4) properties. I understand this eliminates the "self sufficiency" test that the FHA requires for 3-4...
Hello Fellow House Hackers,This is a follow up post to my previous one. I got a really good response from all of you, which motivated me to proceed to the next step.So I reached out to my lender regarding my interest ...
Hello everyone!I think I've read everything (on BP forums) regarding 4-plex bought by owner-occupant.Question: Does anyone have recent experience with VA or FHA loan on a property like that?My buyer is concerned about...
I’m looking at a 4 unit townhome in Tampa, Fl. Total cost is 800-900k. My income is 110-150 a year. Downpayment 50k. How does projected rent work into a mortgage loan for a property like this? I would live in one and ...
Hello Everyone, I am about to sell my only house in Maryland. I would like of use the equity to buy a multifamily home in the US. I am wondering whether I could still benefit from a 3 percent downpayment for a loan wi...