Alan Asriants
The FHA Self Sufficiency Test is not passing for almost all 3-4 unit properties
As an investor agent who started with House Hacking, I also help clients who are looking to get into the Real Estate game by House Hacking.House hacking is an awesome strategy that lets newer investors and homeowners ...
Mike S.
Fannie Mae 5-10 down payment reduction?
Have the rules eased on the 25% down payment on 5-10 properties? My lender was thinking they could get it at 20% now.
Account Closed
Deductions for Investment Interest Expenses by Kislay Shah CPA
Taxpayers are constantly striving to be able to make more money. A great way to do that is by investing in assets and growing your financial portfolio. By investing, further savings are acquired by being able to reduc...
Nick Causa
Getting crushed by HELOC interest
Quick background: We purchased a multi family that was to be a live in flip and to fund the purchase and the reno we leveraged our primary residence at the time. We moved into the live in flip and once the flip was ov...
Michael Furey
Should I buy now or wait?
I’m looking to buy a condo around Disney to put on air BnB. It’s no secret interest rates are so high right now but I wasn’t sure if they’re going to keep going higher or if they might come back down a bit. Should I b...
Michael Dumler
Canada's Housing Market: At risk of facing a 2008-type crisis?
Is the Canadian housing market at risk of experiencing a 2008-type collapse? Back in 2019, the Bank of Canada dropped its benchmark interest rate to nearly 0% making it a lot cheaper for citizens to take out mortgages...
AJ Wong
When there is blood in the streets..
Buy quality real estate in quality locations, or at least that's the advice. Although the injuries from the current housing 'correction' and 'bubble' in other areas are not as severe as those inflicted in 2008 there w...
Travis Barron
Refinance: Cash Out or No Cash Out
Hello BP Members, I'd like to hear your opinion.Currently my wife and I are looking to refinance underlying mortgage on our primary residence from a 30 yr fixed @ 4.5%, to a 5/1 ARM @ 3.375% based on received rate quo...
Edita D.
Closing on a house in 7 days and credit score dropped 60 points
Hey guys,
we are about to close on the house, and we just found out our credit score dropped 60 points, so now we have a delinquent payment of 60$ reported to credit bureaus. (We did not receive a paper statement from...
Will Dixon
Refinancing Property Held in an LLC
I am working on refinancing my first property and realized Fannie and Freddie will not close on refinances with business entities. I did not do my homework beforehand and am now wondering how the LLC being on title wi...