Steve S.
Banks to use to shop for rental cash out refinances?
Anyone have any recommendations? I’m in the Dallas, Texas area. I’m looking to get some cash out of 4 of my rentals. I have 50-80% of them paid off. Are there websites you’d recommend that may help shopping across ma...
Jeff Byrne
FHA Loan and 4plexes
I understand that an FHA loan will finance the purchase of a fourplex property. My question is what if those units are 2 bedroom units? Just curious to see if there is any insight on this. I would assume that yes they...
Andrew Futty
How to use an FHA loan on my second house hack
I purchased my first property as a house hack a little over a year ago using an FHA loan, and now that I've met the residency requirement I would like to move toward purchasing my second house hack property.
I need ...
Lupe Cartagena
Low cost flood insurance in CA
Does anyone know of a low cost flood insurance company in Ca. I live in the central valley and I purchased a home to fix and flip. Cost $99,900. Just found out I need flood insurance to close escrow (I had to go conve...
Mark Neiger
cash out refi on a vacation rental
I have a vacation rental that I purchased and rehabbed with a loan from a family member. The rental is performing beautifully and I would like to refi the home and pay back the borrowed money. I'm getting mostly no's ...
John Samuelson
Refi FHA to convential loan on first rental?
I paid 230k for my first house with a FHA loan. Believe the rate on the loan is around 3.7% and I pay $214 a month in mortgage insurance.Luckily the area the house is in has skyrocketed in value and roughly worth 350k...
Tim P.
Problems financing 2 buildings/separate dwellings on 1 lot?
Property: 3BR single family house with a separate 2-car garage + 2BR apartment above. 2 separate buildings only a few feet apart on 1 land parcel.I am buying this property as an investment with 25% down payment and ...
Luis Dedios
Found a bank! Chicago!
Hello Bp! So after obsessing over realestate over the last year I took action!I just closed on my first property in august which is my main residence and have a goal of acquiring another property by summer 2016.I was ...
Zachary Gwin
FHA Partnership ???
Hey BP,I found the "perfect" deal. The numbers are great, location is spot on, and the home is exactly what I've been wanting and searching for.I have potential partners, but NEED to know if I can still apply for an F...
Johanna Gutierrez
First Buy and Hold
Hello everyone,Here is my situation.I just bought my primary residence a couple months ago and still owe more than 90% of the loan.I also have a job full time and I'm a wholesaler part time which helps to get more fi...