Account Closed
The 2nd property is the hardest
Perhaps a savvy finance expert can help me figure this out. My wife and I have an fha loan on a house we bought two years ago today. We want to rent it out and buy another as a primary residence. We can't get a second...
L Y
Question on Owner Occupancy, Rent, Seasoning
My wife and I are under contract to purchase a property (single family home on tax record) that has a guest house. Both the guest house and the main house are currently rented out by the current owner.
Being a young ...
Dev Why
FHA LOAN
Can someone elaborate on the process of an FHA loan? Like an example on how you would use it. I know its a 3.5% loan. But is it a 3.5% loan of the final price of a property your buying?
N/A N/A
Question About Shopping Mortgages/Lenders
I own a few properties and have mortgages to go with them. I just acquired a new property (investment) and I'm shopping the loan.
Can anyone suggest any resources/guides/techniques they use when loan shopping?
In ...
Brandon Crumpton
FHA PMI
I'm looking to buy a triplex with FHA loan. Is there any way I can get a lower PMI or find a FHA lender who has lower PMI rates ?
Brian Garrett
BRRRR without proof of income?
How would I be able to buy a property initially and cash out refinance using the BRRRR strategy if I cannot prove income at the moment? That's the biggest hurdle I'm experiencing in my planning for my future cash flow...
Jonathan Franchini
Portfolio loans or local lenders for out of state investors
Hello BP community,
Has anyone faced a hurdle to obtain loans from local banks, because one is not a local resident?
I purchased a rental property in Birmingham, Alabama and have contacted every local bank there an...
Jorge Caicedo
PRIVATE LENDER'S SELF DIRECTED IRA..NEED SOME CLARITY HERE..
Ok, I've read that many private lenders lend out of their self directed IRA's to investor's for a return on their money..However I came across this article and now I'm totally confused..Self Directed IRA companies ...
Keith Anderson
Conventional lending on first rental property -- advice?
We're headed down the path to purchasing our first rental property via a well-known turnkey provider. They've recommended a lender to us, and we're at the pre-qualification stage.We're likely to buy 2 properties this ...
TJ P.
Multiple 401Ks to self-directed or other options
Looking to fund a purchase/s by possibly utilizing funds in 401K and 457. These are from previous employers where I never got around (might be a good thing?) to rolling them into a single account.I will not be able to...