All Forum Posts by: Daniel Foster

No ads or solicitations here. Just questions.

Thanks. I thought if I was "connected" I could message that person?

I upgraded to a Plus membership, but I am still unable to send private messages. It gives me an error and lets me know I can only send messages to colleagues. Any ideas?

I am hoping to get some guidance on HomePath Financing. The description reads, "This is a Fannie Mae HomePath property. Purchase. this property for as little as 3% down!" How is it determined what % down you will need on the house? Also, how does the renovation financing work through HomePath? Lastly, I assume you just call the HomePath approved banks to shop rates, like you would any other mortgage? I have printed and read the forms and fact sheets, but would like some real life perspective.

Is it possible to acquire 90/10 financing for an investment property through a bank?

Thanks for the info. I'm sure I will be in touch.

Hello BP community. My name is Dan Foster and reside I in Memphis, TN. I have a very brief history in real estate investing, although I have relocated for work several times over the last few years, so am familiar with the buying and selling of primary residences. I purchased my first rental property from Memphis Invest in December of 2012 and it has been a very positive experience thus far. I have not made any acquisitions since, but am interested in continuing to purchase rental properties locally. Thanks in advance for all of your support. Dan