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Mike Elwell My first home and 12 years later

3 November 2020 | 1 reply

Investment Info:

Townhouse buy & hold investment.

Purchase price: $175,000

First Primary residence- House hacked and renovated. Currently rented.

What made you interested in investing in th...

Paul Lee Owner-Occupied Triplex Financing LTV?

2 January 2021 | 2 replies

I'm considering purchasing a triplex and living in one unit, but based on my research it seems you need to come up with a 25% down payment per Fannie Mae guidelines? Is this correct? I have also seen that for pure t...

Meredith Burt Moore, Oklahoma BRRRR

29 October 2020 | 1 reply

Investment Info:

Single-family residence buy & hold investment in Moore.

Purchase price: $83,100

Cash invested: $85,000

We bought this trashed foreclosed home and fully renovated it. It's now ren...

Matthew Tuley House hacking in Louisville

13 October 2020 | 2 replies

Hello, so I rent now plan on buying a house in a year or so with my girlfriend. But I want to potentially house hack a duplex for the year. I was thinking I would do a FHA loan 3.5% down for the duplex. How long would...

Craig Gabriel Categorizing Mortgages as Qualified or Not

10 February 2021 | 0 replies

For government reporting requirements, the mortgage broker company I am working for needs to categorize each of our closed loans as Qualified, Non-Qualified, or Not Subject to Qualified Mortgage Rules. The owner told ...

Joe Bruck Rental property mortgage , Upstate NY

1 July 2016 | 1 reply

1) What is required to easily qualify for a mortgage on a $300,000 single family house or townhouse purchase for income? (for example income,down payment,credit score,cash reserves etc.)2) If the above conditions are...

Sean Sabina First Investment property in Shaler Township

28 March 2019 | 0 replies

Investment Info:

Single-family residence fix & flip investment in Pittsburgh.

Purchase price: $40,000

3 bedroom 1 Bathroom, Single family residence in Shaler school district. Nice size yard, and s...

Omar Laidlow Out of State investing while looking for Hard money lending

10 January 2019 | 4 replies

Hello BP,I have been a long time browser and this is my very first post. I have been inflicted with analysis paralysis.BP is step one in my treatment. I currently reside in Astoria NY and would like to invest out of s...