Hey everyone,Just talked to a lender and they say that it's required you put down 25% on a conventional 30-year mortgage to finance 2+ family properties. Is this a new requirement ? How come I've always heard 20% down...
Hi - I'm looking ahead to where my husband and I will have multiple properties. Is it better to try and keep loans in one of our names or in both of our names? I know about DTI and that if in one person's name we'll n...
I have the opportunity to buy a house a few doors down from a current rental of mine that is performing very well. Here is the background on the property: it was under contract for $92,500 before Hurricane Harvey, but...
What is the best bank to take out a person loan to put a downpayment on a home?
If I buy a multi-family (such as a 4plex) and plan to owner-occupy it, but it appraises for 25% more than the purchase price, what are the best options to proceed? Would I be able to get it with 0 down if I owner-occu...
Investment Info:
Townhouse buy & hold investment.
Purchase price: $360,000
Cash invested: $35,000
Our first intention house hack. We lived in an unfinished basement the first 4 months while we sa...
25-30year amortorized loan. who can loan on someone in this situation. 700 credit.primary residence purchase.
Hi everybody
Can you tell me more about the NACA financing program?
Hello, First Post ever on BP and very new to the REI World!My situation: I am 22, self-employed for 3 months now (Was working part-time at Starbucks and part-time My business for a year before becoming full-time). Not...
Hi All,I have an opportunity to purchase 2 off market properties SFH at a significant discount. Comps support and the asking price is very fair. My hesitation is that the geographic area isn't ideal and both propertie...