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Hello BP House Hackers!
I have been reading blogs and listening to podcasts about house hacking and I am extremely interested in the whole idea. One issue, my wife and I have no desire to live in a house hack ourselv...
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Hi everyone,I've been following along on this forum for quite some time and this is my first post. Thank you for your time. I bought a 2 family home in November of 2015 and live in one unit. (First time home buyer) af...
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I still have a few things to square up before I start looking for properties but recently learned that traditional lenders will only consider rental income after 2 years of being a land lord. I was at a real estate me...
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Hi I am new to this. I am currently in the process of getting approved for HELOC. My question is can I use HELOC to put as a down payment towards another property even if my HELOC is less than the property I want to b...
It occurred to me recently that there may be an untapped real estate market in the Bay Area, namely, senior homeowners on a limited income who also have a significant secured debt problem, such as mortgages, lines of ...
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I am about to purchase my second property with almost 100% financing & equity from my first property. Goal is to buy a third a year or two after that. Question is do I use any extra money I have to pay down the mo...
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Because home prices are so high in California, one strategy I'm considering is building on my existing SFR and essentially turn the property into a multi-family. The lot on my home is large and has room to build a "ba...
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The Fed increased its benchmark federal-funds rate again this Wednesday which will now range in the 5-5.25% representing a 16-year high. Some economists are claiming that this raise was already priced into current mo...
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Hi All,I recently started talking to a lender (a nationwide bank with a strong presence locally) about possible funding options for flips in my area. He described what he called a Fannie Mae Homestyles loan.From my u...
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Greetings all,I'm finding some good low cost, cash flowing properties in Ohio. Problem is, my usual lenders will not lend on these because their minimum loan is 100K. Is there an option out there for conventional loa...