Hello BPs, I am newbie here and have a question related to DSCR loan. I own multiple rentals (with conventional loan types) and its getting tougher for my next big rental ($2M property) which I am going to purchase th...
Hi everyone!I am a first time homebuyer and recently qualified for a 3% down conventional loan to use for a house hack. My plan is to eventually turn into a rental after a couple of years and hold for at least 10 year...
Hello, BP.
I first wanted to say thank to so many of you for the insight over the years that I've been listening and reading your input. This is my long overdue first post and it's based on a strategy that is a mixe...
I have a 2 part question on deed restrictions. Here is the language in the BOA/HAFA short sale addendum (paraphrased):
No transfers for 30 calendar days. No selling for a gross sales price greater than 120%...
We own a house and want to purchase our first long term rental property. We live in California so real estate is pretty expensive here and we only have about 30k to start off with. I have no idea where to start lookin...
Last year I bought my first home using a Future Value of Appraised Home - a construction mortgage.It was a 5 BR/1.5B on 0.4 acres (big lot for the area), in the Scranton, PA area that was quite dated and needed a lot ...
I have a property on a somewhat busy 4 lane street that has VPD count of 18,000 and 5 mile population of 192,000 according to a listing close by. Is that high or low in terms what companies are looking for? What I'd l...
OK, I can't seem to use the search function today, or the answer is just too vague... Here's my dilemma: underpriced condo in rapidly progressing neighborhood of very desirable city. No rent cap, so no convention...
I know many investors are glad to get an 8% CoC return on their properties because it's still better than most other investments and it's a whole lot better than anything you can get from a bank or savings account.
H...
Can you BRRRR with an FHA or FHA 203K loan?Curious if the cash-out refinance is possible.