All Forum Posts by: Cody Rowley

I have a pretty good idea what seller finance is, but I’m just curious though, How would you pay for the repairs or to increase the value of the house. is equity -a thing in seller finance ? Just trying to get a whole picture.

0 Votes

Boise, Idaho

Quote from @Don Spafford:

@Cody Rowley You could also look for one to buy that doesn't need as many repairs, if you don't have access to a lot of capital. There are some loans (203k) that will lend money for repairs to be included with the mortgage, which could be an ideal option. Househacking is one of the most economical ways to get started. Where in Idaho? There is currently an updated duplex listed for sale here on BP listings in Blackfoot, ID

Nampa,Idaho, thanks for the information.

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Quote from @Eliott Elias:

It depends on what your goals are. House hacking will allow you to eliminate your expenses. Fixing it up and renting it out completely will allow you to build wealth.

Thanks for replying! What I’ve been thinking for a couple of months is buy the house live in it, fix it up, and rent rooms out. That’s what I think anyways.

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I live in Idaho, and I’m trying to figure out how to get into the investing world. I am currently renting a house that if I bought needs a lot of repairs, should I house Hack it, fix it up, and rent it out? There’s alot more to it, I was just curious what people would say.

2 Votes

All Forum Posts by: Cody Rowley

Cody Rowley has started 3 posts and replied 5 times.

Post: Start up/ business

Post: Equity and creative finance

Post: Trying to get in investor world

Post: Trying to get in investor world

Post: Trying to get in investor world