Pema Lhanang
Should go for Max FHA loan or will it hurt me for my next Loan?
Thanks to BiggerPocket and Real Estate Rookie podcasts, I am planning to get my first Multi family unit to house hack, I am eligible for Max fha of 650k if I get 3 unit or 540k if I get a 2 unit, my question is should...
Adam Steinbach
FHA loan not approved due to Appraisal rents not covering
I was under contract to purchase a 4 plex through an FHA loan with 3.5% down. My underwriting was complete and I was fully qualified, but the FHA loan was not approved because the rents listed in the appraisal didn't...
Lulu Lue
203K Loans Impossible (!) Says the Lender
Anyone had luck with 203k loans in SF? The last lender I’ve tried to get a pre-approval had a, imo, patronizing response saying,”Although lots of people talk on social media about buying a three or four unit property ...
Ethen Royal
How to finance a 4 plex unit just starting out.
Hello BP community, I am working with a realtor who has found me a brand new 4 plex unit for 472,000. Each unit rents out about 1050 a month. I attempted to get an FHA loan with putting 3.5 percent down however I was...
Adrie Moses-bailey
Interveiw with Ben Bernanke, Hank Paulson and Tim Geithner on '08
Hey Guys Marketplace had a really interesting interview with these three major guys during the financial crisis that some of you may be interested in and I wanted to share. Here it is “The enemy is forgetting”: Berna...
Account Closed
FHA Loan on 4-Plex...Can't be done?
If anyone knows the answer to this question, I would really appreciate your input! I am helping a friend find a 4-plex to buy with an FHA loan. He is a first-time home buyer and will have no problem qualifying for the...
Colby Zeller
FHA Loan details and questions
Now that I have found the market I want to invest in and also the property type I settled on looking for, I am intrigued to learn more about the type of loan I need to qualify for. I want to purchase a small multi-fam...
Eva Mackowski
solo 401k or self directed ira?
Hi Everyone,I've been reading the forums and discussions on BP regarding Solo 401k vs SDIRA's. I left my job last year, and have started a real estate investment company (LLC) and am getting ready to invest in rent...
Stavro Thinjos
fha loan multifamily
Can i use an fha loan on a multifamily in NJ (2-4) and use it as house hacking even if i purchase my first home 5 years ago with an fha loan?
Jess Hammersley
FHA vs Conventional
My wife and I are looking at a 4 unit property and are going to live in one unit. We can put together the 20% for the conventional but in looking at the deal or lender is very certain he can get an FHA loan on it. Is ...