Hey guys I am new to BP I just have a question about current interest rates right now and what is the best way to put a down payment on a rental? As interest rates keep increasing is it best to put a down payment of 2...
HelloI have just started to look into investment properties. At first I thought finding a private investor to fund a flip would be a good idea until I started doing more research on the annual ROI you can make with Re...
Hi BP community, Looking to purchase my first property and slightly short on making 20% downpayment. Working with Quicken Loans and they are offering a loan with a slightly higher interest rate (about 0.5%) but only 5...
Hi there, I am looking to buy a newly constructed 4plex ( 4 townhouses) in an exquisite neighborhood. I will be living as a owner occupancy for one yr before building my dream home ( I am a physician). See numbers be...
Can you refinance out of an initial funding via long term loan into another long term loan and still benefit from BRRRR strategy? I.e Obtain an FHA loan and refinance out after 18 or 24 months? (Intent, will be to get...
Hi! I’m having trouble finding tenants to do house hacking for the past three months and I want cash flow already.
I was wondering if I should list my property in Airbnb but only accept guests staying 30+ days. Onl...
I got bored at work today and started taking a look at my options on my FHA loan.
Short background
I have an FHA loan on a duplex that I own. I paid $165k for it in 2011. My FHA MIP is just a hair unde...
I have looked into multi family units but I’m stuck on the decision of either getting a FHA or a Conventional Loan.I know there is a give and take before both, I know that if I want to do a FHA I can get a MFH for as ...
Hi all! New to this forum but not new to forums in general! Let me start off by saying I've searched the forum and haven't found an answer to my particular question. Here it goes!I bought a legal 2 unit multi-family h...
Question says it all. I know you can do it either way, but I'm struggling to figure out which is smarter (if one is smarter). Does it even make a difference considering the loan is paying for both UPMIP or the equity ...