Ariou B.
Motivated Beginner Who Needs Some Help
I've been browsing this forum for years and listened to countless podcasts and I purchased 2 books by J.Scott who seems to be the father figure here in BP.I feel like the only way I can finally "get it" us by doing it...
Sara Furlong
Best choice for first multi-family based on down payments?
I want to confirm that I am correct:For the first multi-family, which we are going to occupy, I can put down 3.5% with an FHA, whether it has 2, 3, or 4 units?Then for the next multi-family home we buy, we'll need to ...
Isiah Ferguson
Me and my wife need to choose ? what's your thoughts ??? HELP
We definitely need some advice moving forward. Thanks in advance !!!Me and my wife combine currently make $55K a year which will potential go to $70k a year with my new job offer. I'm currently in the background phase...
Corie Carpentier
First deal financing ideas
Hi I am trying to get a deal figured out. Weve got a house in Huntsville TX that my wife and I are wanting invest in. Our plan is to purchase this house, Reno it and move into it as quick as possible so that we can...
Abdul King
What are Refi requirements(BRRR)
Hey BP, I’m going to use the BRRRR method to buy a multi family property. I’m using 20K cash and hard money. When I go to refi the property after I rehab and rent it, what are the requirements that I need to have refi...
Vanesa Gonzalez
Buying CASH and planning to finance later... good idea?
Hi,I am in the process of buying a SFH cash using my money and the plan is to rehab it, rent it and then ask for financing. First time doing it this way ( I usually buy using conventional loans but this is through a ...
Jason Wang
Does FHA loan count aginst the 4 loans limit that banks enforce?
Does FHA loan get counted in the four loan limit that many banks has? Or does the four loan only count conventional loan and not FHA?Thanks!
Nick Weidner
Owner Finance / Refi
If you owner finance a SFR for a year then refinance it using conventional financing - will you still have to put 20-25% down? Assuming there is equity in the property?
For example seller wants $90k / house i...
Haresh Melwani
Best way to refinance 12 units made up of separate properties
Hi BP Family,What is the best way to refinance 12 units made of 3 duplexes and 2 triplexes that are in 1 city but not near each other? All are currently owned in a single LLC. Would such a portfolio be valued using in...
Laurence T.
Buying and selling the same home, during the same month?
Hi,Me and my wife live in Denver, CO. We pre-purchased a new construction home in October 2017, and it's scheduled to be completed by April 2018. Me and my wife have changed our minds on the home as it's a little far ...