Kyle Curtin
First property Duplex househack financing
Hi everyone! In the next couple years, the plan for my first property is going to be a duplex that I house hacking. If I am correct, but I know that there is an FHA loan for 3.5% down as long as you intend to live in ...
Kevin Tarazona
Buying a second property with an owner occupied loan
Hello everyone,I am just starting out in Real Estate and looking at purchasing a home with my brother. We are looking into an owner occupied loan (5% down) so that we can house hack the rooms (looking at SFH). We woul...
A.P. King
How many times can you house hack
HI! First time posting. Im closing on a triplex with a FHA and I wanted to know can I house hack the next property to get it with a lower down payment.
Caleb Ninivaggi
Getting a Mortgage!
The basis of getting approved for a mortgage loan...
-for W2 employees the bank basically takes their gross monthly income, they cut it in half and then half the monthly income has to cover the monthly bills on the c...
Eric S.
Estate Seller Financing?
Hello BP and thank you in advance for any advice.
Theres an estate property I'm looking at, and needs a lot of work which might even negate conventional financing. We are going to go in with a cash offer. Question is...
Jim Nettles
Owner Financing Question
Hi BP community! My wife and I are new REIs. Just bought our first rental and are excited about the possibility of adding more in the coming years. For our first rental we used conventional financing. However a few b...
Benjamin K.
Lender Required Repairs
Good evening fellow Biggerpocketeers. I currently have a REO property under contract (Conventional financing). The inspection report came back recommending a structuural inspection due to foundation issues. I got a...
Greg B.
BP Summit Question
Joshua Dorkin, just for clarification....I see that the summit sessions on Friday and Saturday are beginning at 8:00. Is there going to be breakfast/snacks to eat at those times our will be need to have eaten before ...
Phong Nguy
Plan to Househack a Multifamily In a Year or Two: Tips&Tricks?
Hello BP Community,I am looking into house-hacking a multifamily unit (probably a 4-plex) in Berkeley, Oakland or the surrounding areas. Right now I get to work from home so I am staying at parents' home in Sac to sav...
Chameka Meadows
Analyzing a deal for single family home
Hello All,
I am a newbie. I am under contract to purchase a single family home with 2500 square feet for $160,000 with ARV of $220,000. The repair will cost about 10,000 with no major repair needed. I want to buy and...