Pete Hornstein
Estimating property taxes
Ok I keep looking at deals and running numbers and I keep wondering if I am estimating high on property taxes. Many deals I see the assessed values are lower, sometimes much lower than the sale price. So I estimate my...
RJ Dixon
Is 3%-5% multi family HH dead ?
Hello BP! I have just read the guidelines for Freddie and Fannie. My question is can you no longer use those loans for a 2-4 unit house hack. Also what other types of loans would be ideal for a owner occupied 2-4 unit...
Sage Fradley
1st deal done. Now i have lost momentum pls help.
Hey guys, Im still at the beginning stages of establishing a path to financial freedom but I have started. I need advice about the best way to get the money out of my house to purchase my next one. Here are the numbe...
Ray Jansma
Portfolio Loans with cash-out refi with no seasoning period?
I was wondering if anyone has a referral on any portfolio lenders that offer in-house(portfolio) loans that offer cash-out refinances of at least 70% LTV, AND have no title seasoning period like the standard FHA 6 mo...
Mark Anderson
Refinance Halted From Paying Split Rent Out Of One Acct? Help
Ok interesting situation here i am on lender #3 and no one can seem to sort this one out. I have a quadplex bought back in 2017 for $550k & 5.5% mortgage rate. I have a appraisal for that property for $730k but ca...
Patrick Britton
When providing a referral to a valued client, never do this:
Recently, I asked a "vendor" with whom I've had a professional relationship for 4 years for a referral to a real estate agent, because the previous two I had were idiots. He gave me a brand-new rookie, fresh out of l...
Felipe Stefanoni
Share your PANDEMIC DEALS - Networking
Hello folks,My name is Felipe, I'm RE investor and just got my RE license past month.After a few years of investing in real estate (99% of my investments was raw land acquired through tax lien and tax deeds), I decide...
Chandler Smith
FHA loan refinance to conventional
I read an article awhile back about refinancing an FHA loan to a conventional loan. If I remember correctly in order to refinance you must have 20% equity in the house.
So my question is: If I bought a house on an FH...
Jalpan Jangiani
Qualifying for FHA for MultiFamily unit
Hello Fellow House Hackers,This is a follow up post to my previous one. I got a really good response from all of you, which motivated me to proceed to the next step.So I reached out to my lender regarding my interest ...
Heather Schmidtknecht
Ready to leave my W-2
I started purchasing rental property in 2018, and I’m ready to transition to this full-time within the next 2-3 years, which means leaving my W-2.I’m posting here to gather some insight as to how to prepare myself, as...