Hello All,
I am in the process of starting my first rental deal on a duplex. I have considered many financing methods, and have decided that FHA was probably the best route for me at this time, as I plan on being an ...
Hello All,
I am in the process of finding my first multi-family deal and and I believe FHA financing will be my best financing (owner-occupied max 4 units). I have been doing a lot of research on FHA financing and do...
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Does anyone know of any good lenders in the Tampa, Fl area? Looking to get a FHA loan. Can someone point me in the right direction? Thanks.
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Hello Financing Gurus! Here is my situation:My wife and I currently own an owner-occupied SFR that we purchased 1.5 years ago for 5% down. If we were to get an appraisal right now, we would be somewhere between 15-25%...
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I rent a nice house in a neighborhood that I can't afford to buy in. Daughter loves her school and friends - don't want to move if not necessary. I'd love to do the BRRRR method on future deals, but since I still ha...
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Hey BP, Has anyone had success in convincing a seller to accept FHA financing even when they didn’t want to? It seems like many sellers are not willing to accept FHA offers and wondering if you have any tips for negot...
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My question deals with FHA financing. I’m purchasing a lot where I desire to construct 4-unit multifamily properties. The properties will qualify for conforming loan financing. In order to maximized ROI and grow my...
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Hey BP,I was poking around the site a bit, but couldn’t locate my answer. Hopefully you guys can provide some color. What are the implications of: Purchasing a MFH (lets say a duplex) with FHA financing and 3.5% dow...
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I have a client who is buying a property and wants to immediately re-sell it to an owner-occupant who is getting a 203k FHA loan. Is there a required amount of time that the investor buyer must own the property before...
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I've had a lender tell me that you can't use FHA for a personal residence on a multi-family. I don't think this is true but was wondering on some advice from the BP community.