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Starting today- Fannie Mae has updated their down payment requirements for 2-4 Unit properties when you live in one unit. To buy a multi units property- the down payment requirements use to be:
2 Units:
15% Down
3-...
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Own 2 properties free and clear maybe 600k in equity no outstanding loans excellent credit rating Looking for advice on what would be my best loan type for short term loan of between 50 to 100k ?I'd be paying it bac...
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I have multiple investment properties and living in a SFR. I am wanting to buy another house to owner occupy and turn my current house into a rental. What are the reserve requirements for a conventional loan with Fann...
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Hi everyone,
I'm in the market to buy a quadriplex in the Kansas City area, priced at $450,000. I already have a primary residence and another quadriplex, so this would be my second rental property. I have an excelle...
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I just left my long time position at Home Depot and accumulated a pretty big sum of money. Without transferring my money to my new job and suffering penalty fees, what would be the smartest decision to make with my mo...
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I live in Atlanta, Ga and am in search of my 2nd investment property. I currently have two agents sending me properties but would like to begin searching for off market deals to increase the amount of potential leads....
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Hello everyone!! I am new to BP and can't tell you how much I learned over the last 3 weeks. I have 4 SFH's and after much research I realize I have done really well on 3 of the 4 properties... so at this point I just...
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I am currently in the process of getting my RE license and will be marketing myself as "investor friendly". I constantly hear people say they have difficulty in finding an an agent that is investor savvy. This wi...
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I am looking to buy my second duplex and am searching for ideas on how to make the financing work. First of all, I am currently house hacking my first duplex and living for free. I bought this about 8 months ago using...
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Sorry if this is answered, I feel like I've seen a lot of different responses on BP and then different responses on the web as well. I guess my question is pretty simple, can you use 401K funds for a flip and if so ho...