All Forum Posts by: Brandon Sturgill

You are talking strictly conventional mortgages, correct?

I just bought an investment property with lead-based paint on the exterior garage door and entry doors. Quite a problem because the home is basically uninsurable until it is remedied. In my case, a contract painter simply painted over the existing paint. That's sufficient to get past the issue initially...the internal drywall removal is a different story. Truthfully, I don't think it is as big an issue as something like asbestos...which was common for the time frame of your home as well.

I recently purchased a live-in rehab project with a targeted 12 month rehab and resale period. I bought the home because it is my kids last year in a private school in the city; meaning we need to relocate to another city at the end of the 12 month period. And this is a perfect entry for me into real estate investing. My question is how do I exit the home, place my family in a temporary house in the new city, and use the proceeds from the sale of the investment property to roll into another investment property. I can only have one FHA mortgage...do I need to find a hard money lender, or HELOC, a 1031 perhaps?...thanks in advance for the advice.