Michael McDermott
FHA to conventional on a rental unit?
I currently own a single family attached rental unit in the suburbs of Philadelphia. I bought the house using an FHA loan, the house was appraised at 125 in 2009 and I took out a loan of 117. Last September I turne...
James Conaway
Financing purchase with credit card
Between myself and my wife we have about $200k in credit card credit. Our credit card debt is about $2k right now.I have been building up credit lines for a long time in anticipation of being able to do something with...
Denzel Myers
New investor from Fort Collins, CO
Hello Everyone,
I've been reading BP for a couple of weeks now, and decided I should probably introduce myself.I'm currently a freshman studying business at Colorado State University. I've known for a little ...
Kenneth Rogers
4-Unit Multi Family Deal in Cuyhaoga Falls,OH
Hey everyone,
Looking for some guidance with this particular deal that I am looking to get into as my first buy and hold property. I am currently under contract to purchase this foreclosure 4-unit for 37K and it nee...
Chad LaPlace
Purchase another rental or not?
Hello, all. Long time lurker here, thanks for this great community that has provided me with much information over the years. Here is my scenario, please tell me what you think my options are and what you would do in ...
Ryan Neris
Need some advice on multifamily
Hello everyone,Let me preface this by saying I know enough to know there are many different variables but let's assume I don't know anything.I'm looking for general advice on two potential deals:I'm living in a duplex...
Miguel Luna
What do I need to get started? A Cosigner/Funder ?
Hey, Biggerpocket members! I'm new to the community and even newer to Real Estate Investing. I took my first steps December 9, 2015 when I decided to walk into a local realtor and ask questions. They were helpful and ...
Steve DellaPelle
Can You Use FHA Twice?
Hello,If I am in an FHA Loan now but plan on refinancing to a Conventional Loan...can I use FHA again after this is done?Thanks,Steve
Anthony Richards
Getting a mortgage on properties purchased on a personal loan?
My friend owns about 7 properties in Rochester, NY that he purchased through a variety of personal loans.To my understanding, he can’t refinance his properties (or can he?) because he doesn’t have a conventional loan ...
Silvia Bimblich
First time Homebuyer - Strategy
Hi!What advice would you give to a person who just start and do not own a house, currently rent. Invest or Buy a house for living. And which strategy should use? I’m new in REI looking to purchase my first home, I alr...