Hey BP family, long post for a newbie with the highest offer on an REO. I could use some outside eyes to help me see if I'm assessing my situation correctly.I've been casually browsing the market in my expensive Virgi...
I'm curious if anyone has been able to do this?I've pulled credit lines out of my properties, but only when owner occupying them.I'm now living in a 4plex I really like. Would prefer not to move to my next property, w...
I went under contract for a duplex and going the FHA 203k route, it has issues that I need to get fixed so that it's up to FHA standard. My budget is 100k my offer for 70k got accepted and I want to renovate and fix t...
Hi there, I'm trying to gain a better view of the entire 203k loan process to avoid surprises for major rehab purposes. Based on my research, this could represent a basic yet inexact roadmap of all the steps. Can you ...
Are you in the military and looking for a place to discuss VA benefits, landlording from a distance, or any of the other military-specific challenges real estate investing presents?We've created a forum just for you. ...
First time buying, is an FHA 203k loan a good idea (house needs a little work) or should I stick to the conventional FHA loan?
Hello BP Family,
I have reached my FICO mortgage score goals for the interest rate I want. My goal is to buy a fixer upper in my desired area. Doesn’t even have to be in any good shape, as I will tear down and do a n...
I just received a long letter from my tenant detailing multiple health issues she is experiencing that are clearly linked to second hand smoke coming from the unit below. I lived in this condo before renting it out a...
Hey BP!Can someone who has used a 203(k) help provide some perspective on their experience? Positives? Negatives? Would you do it again?I know there can be a ton of paperwork and logistical headache...but what the lo...
I posted here before of my painful experience dealing with CitiMortgage for my condo conversion refinance in San Francisco.
I just signed closing papers yesterday for another property my husband and I just purch...