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Low downpayment after FHA loan?
We currently have an FHA loan but are moving out of the property after 18 months. Can we get another low downpayment (5%) primary loan on a 4 unit? Thanks.
Jorge Ruiz
CPA- Where Do I Need One??
Hello BP! Got another question that I am sure has been asked 1000's of times and I hope this is the right forum-I live in Los Angeles, California and am planning to do some out of state investing in Milwaukee, Wiscons...
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Qualifying for mortgages on future house-hacking properties
Hi all,So I've been doing a lot of reading, including just finishing Set for Life (great book). Anyway, I plan on using the house hacking strategy to build my portfolio. I am aware that typically I have to stay in th...
Nicholas Espero
Cosigning a VA Loan to meet qualifications
Hello All!I am currently in the works of putting together my first real estate investment in the form of a house hack. I currently live in the San Diego area where average unit prices are at their highest in about 7 y...
Faruq Abdullah
BRRRR Investing Question regarding Refinancing
Hi BP fam! Question on the refinancing part of BRRRR investing. When I had originally started searching for investment properties I was pre-approved with a Lender and found out that even with my great Credit Score an...
Wyatt Szelest
Does BRRRR help with DTI ratio?
I am currently a college student preparing to do a BRRRR deal but I have run into issues with financing. I planning on using private money to fund the initial purchase and rehab but have had some trouble with talking ...
Auguste Salom
Creative VA lender
I’m looking for a lender in Maine who would allow me to purchase a duplex, triplex or four-plex using a VA loan and consider the rental income for the other units to be considered part of my monthly income. For exampl...
Brandon Bell
FMV Rental Rate When Filing Taxes
My wife and I work on the road and have roommates who occupied the residence for the entire year of 2022. I was informed that as long as we were not charging over the FMV rental rate it would not be taxed as income. A...
George Turner
Owner Occupied Property Analysis using FHA (Akron, OH)
Hey all,My name is Tre and I'm just running the numbers are properties. Figured I would post this here and see what you all thought.For this MF, they are asking $129,900 and I would use an FHA at 3.5%.Income:Rent - Ma...
Tom Wagner
Rehabbed a foreclosure. What now?
I recently purchased a foreclosure. This house was late 2017 new construction and sold as just the shell. The house is almost finished and I planned to live in it but we all know things come up and life happens. I may...