Pittsburgh Real Estate Forum
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 7 years ago,
Forced to move due to new job opportunity
Hello All,
I am just finishing up my renovations to my first Duplex in the Mt Washington neighborhood. I was looking to self-manage the property, however, a new job in a different city may affect this. My current mortgage is in my name, however, I was debating on switching from the FHA/203k Loan to a Conventional Loan based on the appraised value post renovation (even though, I should do this after the house has a track record for performance to appraise on the cash flow that the house can operate at).
Questions I have:
Does anyone have a Mini-checklist on actions that I should perform before switching from local investor to a distant Investor? I don't really want to sell just yet, as I might move back to the area.
Is there a big difference on when I finance out of my FHA, immediately after renovation or after some time of performance?
Any Property Manager recommendations?