Problem with 20% down

I just refinanced my first home and did a cash out refinance. My plan was to go for an FHA loan for another 10% down loan. I have closed and discovered that my new loan is an FHA but the only way to buy...

Wife needs convincing regarding taking out a 2nd mortgage

I’ve been trying to fund my next deal which takes a little creativity. My current home already has $200k in equity that I plan to use either via HELOC or cash out refinance to complete a BRRRR deal. I...

Best loan for 10% down payment

I’ve been renting a studio apartment for 3 years now and the owner offered me to buy the place as he planned to build his retirement home. He’ll be putting the property in the market this February a...

Mortgage for house hack

I just got a good offer on a duplex at $135k. I plan to house hack for a year then move out. The mortgage is a conventional loan with 15% down, 3.5% interest and low closing costs. I need to put down $3...

How to split profits with investor?

Hello everyone! I need help finding hard lenders who are willing to loan for a first time rehabber. So far lenders require me to have at least 1 flip in my portfolio before they consider lending to me. ...

What type of mortgage is best?

I am a newbie in REI and recently bought a single family rental property. We just finished rehab and it is now in the market for rental. I want to make sure that all bases are covered. I already prepare...

Military man interested in REI

Hi, I always dreamed about getting into real estate investing and my chance has arrived. I am on active duty in the military and I plan to invest in rental properties in my hometown in Virginia. My dad ...

Should I accept offer?

I recently placed an offer on a duplex to house hack and I plan to use an FHA loan to get things done. The owner has given a counter offer and I’m inclined to accept but a complication came up as my l...

10% down lender in Florida

I am a real estate property investor in Florida and I was wondering if anyone knows of a lender who offers a 10% down on a non-owner occupied investment loan? There are credit unions in our area who off...

Is it time to let go of our duplex?

I own a single duplex in a very good area in Salem OR. We started out as a tenant in 2015 and bought it from our landlord in 2018 when he decided to sell and move out of state. We paid a good price back...

Outright payment of closing costs

Here’s my situation and I need some input. I have X amount of money to put down on a house. We assumed that the seller will pay for closing costs but it turns out they can’t. Is it wise to put $5k l...

Michael Nielsen, you had helped me try to get a loan 3 years ago here i...

Wife wants to buy her first property

My partner and I have been together for 10 years now and she has stayed home with our kids. The past year has seen her become a successful real estate agent and she wants to buy properties in her name. ...

Loan without my name in the mortgage

My wife and I have a contract on a 4 unit multifamily property in Maryland for $400k. We agreed to put down 25% or $100k and most of the cash we will use will come from accounts in my name. I don’t wa...

Proof of income having a bartending job

I’m reaching out to get feedback regarding my situation. I have 3 multi family cash flowing rentals in NY and I always encounter problems with financing due to my job. I work as a bartender and can’...