Kevin Gerace
Mortgage my second home with just my wife??
So my primary residence's mortgage is only in my name. Is it possible to put a second property that I am interested in buying in just my wifes name? We would want to go FHA, and put 5% down. I'm trying to get aroun...
Thomas P.
not a gift
I want to purchase a house in which my aunt and mom are 50/50 owners. I would just be purchasing my aunts 1/2. Financing for this is becoming a real pain. I have a wealthy friend who is willing to give me the $ to ...
Steve A.
Conventional mortgage limit with a partner
Hello!
I currently have 5 conventional mortgages. I have another 3 properties under contract with a partner. If both of our names are on the loan, it counts towards the ten mortgage limit for both of us, whic...
Ryan Standage
Stated income loans where to find?
does anyone out there know of any lenders doing stated income loans? I have talked to my friends and they have told me that there are lenders out there that offer this with a good credit score, but i dont know where ...
Jamal Atwell
Do I Understand This Right?
So if you're using HML to increase your portfolio or using HML to obtain a home you don't have the money for how does the refinancing exit strategy work?
If you weren't able to qualify for the loan in the beg...
Mark Hall
5% Financing
I am looking over my options of financing. I have been focusing on FHA but the UFMIP scares me a little. I stumbled upon some reading that stated you can put 5% as a down payment, and the loan is not FHA insured. D...
Joe Taylor
Using 26 US Code 190 Expenditure to remove accessibility barriers
I'm wondering about using the rule in 26 US Code 190 to expense, instead of capitalize, costs to improve accessibility, whether it's ramps, widening doorways, etc. The code states I have to make an election to make th...
Gustavo Mayoral-Arevalos
New member investing
Hello ther BP community, Gustavo here while I don't own any properties yet I'm looking to buy to my first duplex or triplex here in south jersey within a few months. In the mean time I'm doing my due dillegence , rea...
Brad Clarizio
Average Cost to Submeter
Hey all- I am looking at buying a small apartment complex with a partner, however the hanging point for both of us is that the landlord currently pays electric, water and gas for 75% of the units and water and gas for...
Kevin McCollick
House Hacking Question
Hey BP,
I want to begin my investing journey by finding a multi-family to house to hack for a price anywhere between $250,000 - $300,000.
A friend of mine and I are considering going 50/50 on a down payment for the ...