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Hello BP, I am getting ever closer to house hacking my first small multi on an FHA loan and have a quick question - We plan on buying with an FHA 3.5% loan, 30 year. I know this comes with two mortgage insurance premi...
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Hi BP community,I am brand new to real estate. Trying to buy my first primary residence this year to do house hack or live in flip.Already in talks with a lender. But wanted to check if anyone has any advice on a few ...
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Hi Everyone,New to BP and excited to learn as much about REI as I can from this knowledge community! I'm currently looking to network and find my first deal in the Los Angeles, Long Beach and Orange County area. I'd l...
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Taking over payments on a house or more formally known as buying a house "subject-to" existing mortgage is an excellent way to help out a home owner when other buying methods fail. Its a win-win because you are stopp...
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Hi Everyone,My roommate and I are looking into moving down to Austin, TX this coming year from Boston, MA. We are planning on purchasing a duplex down there and house hacking. We’ve been networking with local investo...
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It’s been a very exciting and yet a turbulent experience in terms of bringing enough cash to the closing, passing and knowing about rigorous FHA guidelines for the first time, as well as fixing a major credit issues ...
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Hey Everyone!I am currently a Student Veteran in Minnesota saving my pennies hoping to invest in a multi-family in St. Paul area. I graduate Fall 2019 and I am up to around 10k. My question is, how much does it cost ...
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Hey guys, I'm looking to buy a multifamily prop in LA next year and could use some help nailing down target areas.I'm looking for an area with the following:- <$300k/door purchase price (or close, will look for an ...
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Hi all, here's a possible deal I have found, and I wonder if there's any glaring errors in this calculation overall.There are assumptions that they would accept the offer, and I haven't put any forced appreciation in ...
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Hey everyone, I'm an aspiring RE investor and currently trying to decide whether to buy a primary residence or a multifamily unit (duplex) as my first property. I've been doing some research and it seems that house ha...