All Forum Posts by: Forrest Williams

Home Depot offers a 55k project loan to finance home repairs. I assume other big box stores have similar deals. Is it worth it to buy a foreclosed house and use that loan to finace the flip? Basically using the loan to have Home Depot/Lowes do all the installation and changes. You would be stuck with their products yes, but it might save time. Has anyone tried this strategy? Is it worth it? Does it cut into profit margins too much?

I am looking into getting my first multifamily or low rise apartment complex. Because of my location, I have a variety of options, from smaller multifamily places in a city with low crime, larger 6-10 unit low rises in higher crime areas, or bigger 10-20 unit low rises in small towns. Which is the best option for a beginner? Is it worth getting something more risky and pawning it off on a rental company?