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Aloha BP nation!Does anyone have experience using the Home Style Renovation/Purchase Loan? It's a conventional mortgage where you can tie your repair funds into the mortgage. You can get repair funds up to 50% of the ...
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Hi all real estate. Is any one here have use home renovation loan to buy a house. I just bought my first investment with that loan. Now it come to rehab part. And I have a bid from license constructor. Can I ask you ...
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Is anyone familiar with a Homestyle Owner Occupied Renovation loan? Looking for banks to directly work with? Not finding anything on direct bank websites ( BOA, Columbia, Chase, Etc). Seems like only brokers deal with...
Ok, some I’m in the process of buying a duplex from my father in the Woodbridge area of NJ. Needs a ton of major work that I’m trying to tie into the loan. So yes, I’ll have the rehab and mortgage all in one. The loan...
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hi all BP members. I just bought a house with the homestyle renovation loan. this is my first investment, and I kinda plan to DIY some of the work such as paint, flooring, installation cabinet or maybe some simple tas...
Hey BP,Can someone recommend a company they have used for a home style refinance loan.
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Hi all.Looking at a 10 unit motel style building. Current owner does do a MTR style rental there with leases. Two rooms are on airBNB. has a solid rent history. There is a large single family home with a MTM tenant bu...
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Say I buy an investment property tomorrow with a partner and we split the down payment and equity 75/25 (75% him, 25% me), and the total monthly payment is $1,000. If I go to buy a new house hack property next year an...
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Hello! First-time homebuyer here. I recently came across the Fannie mae home style loan, which I understand is a conventional renovation mortgage. I want to know what is the benefit to obtaining a property under this...
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I have 3 seasoned SFH’s all paid in cash so no existing loans but I can’t find a lender willing to refi locally because they are all owned under LLC’s. Homes are in New York area I’ve read about the B2R but sounds pre...