All Forum Posts by: Caleb Wolf

Hello BP family I found a new build that is unpermitted but is a great find. I'd like to know if I can get it permitted under the FHA 203k it doesn't need much to be finished the problem I'm facing is the lack of permitting on the build. I am a contractor and it appears up to code. Foundation framing and electrical. The plumbing and water are run to the building but not hooked to anything. It is a small place. Single bed single bath. Is there any lenders who know about permitting a build for the FHA 203k? Can the permit costs come out of the 203k loan? Anyone with experience here any advice would be very helpful. Thank you

Hello I have an FHA loan question? Can I use a 203k loan to make a temporary building a permanent building? Has anyone tried this?

Hello BP I am young and inexperienced looking for advise on my real estate strategy. So to begin I will have about 20,000$ for my first purchase into real estate on FHA (3%-3.5% down) in a house hack. I am held back for another four or so months due to not having a credit score (currently fixing this problem) I am moving to Arizona from Wahington due to home prices being far out of my financial range. My Arizona market has an amazing growth rate as well as many short term rental options, I am going to Brrr the property once it accumulates more value. I want to learn more about commercial real estate investing, I currently work in general contracting and construction and would like to transition into full time real estate in the near future (wanting to learn from someone with more experience ) as well as build my own portfolio of long and short term rentals. Is there any way to scale this strategy faster? Or any better ways to invest my funds that maybe not need my credit score raised so immediately. Would it be better to continue in contracting until There are a few homes under my portfolio (at least one or two) or start looking for a mentor and or team to work with? Iam looking for any advise! Thank you all!!!

@derek wheeler I would be very interested in connecting with you! The Kingman market from my rookie eye seems to have alot of potential!

Hello BP community this is my first post I am New to real estate never owned any property. I am looking to move into Kingman AZ. I'm very excited to start my real estate adventure and Lifestyle I have already begone to speak with agents in the area. would anyone here have previous experience in the area I would appreciate any Advice or connections anyone could share. Has anyone had experience in the area? In order to get my FHA loan i need a new job in the area (preferably general contracting) any help or advise would be appreciated.