Amzy Dedios
Should I get primary property first or rental
hi, I'd like to know if it's better to get a primary residence first before a rental so i can make use of the First homebuyer rates. FHA loans, and are the rates lower? If I buy a rental property, will I still be able...
Benita Matheson
How soon can I buy my next property
Hi there. I just sold my home and am buying my first investment property. It's a lot with 4 tiny houses. I'm financing the property through an FHA loan and will live onsite. I have some extra money, from my home sale...
Han T.
Short Form Mortgage
Hi BP Nation, hope everyone is well and safe! I have a question hope you guys could help me.
1. What is the difference between a Master Mortgage Form and a Short Form Mortgage?
2. If I were to purchase a pro...
Daniel Laovie
Live-in fix up then rent
Investment Info:
Single-family residence buy & hold investment in Naples.
Purchase price: $350,000
Cash invested: $33,000
The home is a 3/2 Pool home less than a mile to the beach. It was built i...
Venslaus Arokiaraj
Buying properties under LLC
Hi - I’m planning to buy few investment properties this year. I know my DTI ratio will be impacted if I buy it under my personal name. I’m thinking about setting an LLC and purchasing properties under it. But my lende...
Sandra Regnell
Financing - WA State
I’m interested in buying a condo/duplex with no hoa but the agent says it must be cash only. Why? Are there other options? I have 15% down and am looking at doing a conventional loan.
Ira Bethea
3 unit building upgrade
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $250,000
Cash invested: $75,000
3 unit- 2 bedrooms and 1 bath in each unit
What made you interested...
Blanche S. Christina Chisholm
Financing for converting Single Family to Multifamily?
I am looking to buy a single family house and convert it to multifamily. It's an old family home that was sold some years ago but the current owners are open to selling it back to us. The "problem" is it is a large ...
Dave Smith
First investment property
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $80,000
Cash invested: $2,000
we bought our first home in 2016 and recently purchased a new home and turned the 201...
Christopher Albert
Triplex in Hollywood, FL
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Hollywood.
Purchase price: $540,000
Cash invested: $76,200
This is our second house hack. Renting out unit 1 (2/1) for $...