Jeff Dimmler
Pay down my loan or save for the next investment?
I recently purchased my first home! Currently, I am living the townhouse I bought and plan on renting it out. I would like to either purchase an investment property and keep living in the current place, or house hac...
Chari Nash-Cannaday
Portfolio Lenders in Milwaukee, WI
Hello,I planning to purchase a property in Milwaukee, WI. I submitted an offer on a property yesterday and I am waiting to hear from the seller. Are there any portfolio lenders that service the Milwaukee, WI area? I h...
Bria Bacon
Can I do an FHA 203K on a lot with two duplexes on it?
Hello all. I'm a newbie investor based in Atlanta looking to invest in my 1st multi-family property using the FHA/FHA 203k loan. I found a fixer-upper property that has two duplexes on one lot. They were originally du...
John Mason
Buying Investment property at 15 percent down using conventional
Buying Investment property at 15 percent down using conventional.What would lenders look for as documentation? Tax returns and w2 paystubs?For a 300 K in Tampa Area what would be the down payment?When we buy primary ...
Jason Crowe
MHP LENDING FOR SMALL PARK -PURCHASE 800K
HOMES FOR THIS PARK ARE ALL OWNED BY OWNER. SO PURCHASE WOULD BE PURCHASING THE HOMES. HAS ANYONE USED A LENDER TO PURCHASE AT THIS PRICE POINT? I FIND ALL LENDERS WANT A 1MIL LOAN OR MORE FOR THIS. ANY ADVICE OR ...
Ajibola Talabi
Looking to buy my first house in the Austin TX area!
Hi everyone, I recently moved to Austin & I wanted to buy my first house within the next 6 months to 1 year and would really like to house hack but I don't know where in Austin makes sense. I'm still pretty young ...
Account Closed
Out-of-state investors: Local or hometown lender pros & cons
Hi BP community, I'm looking to start investing out-of-state. My MINS is to secure financing. I'm not even sure if this ever happens but what are the pros and cons of using my hometown lender rather than one in the ma...
James W.
Is my mortgage broker lying to me?
I am in the process of negotiating for a house right now. The 4 bedroom house costs $218,000 (St. Louis, MO). The seller has agreed to give me $8000 credit to pay for repair for the house.
My mortgage broker told...
Max Valdes
FHA 203k - The Good - The Bad - The Ugly
New to BP and I'm curious to hear people's good and bad stories and things to look out for when going the FHA 203 K route. Another question that I have is, say I personally feel comfortable doing most/some of the reno...
Jesse Grim
New to this and hoping to find some helpful tips
Hello, I am just starting out and have my first property renting out bring back around $900 a month while no maintenance or other issues arise. I didn’t have to put the 25% down since bought it as an investment proper...