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All Forum Posts by: Julius Johnson

Julius Johnson has started 2 posts and replied 4 times.

General Real Estate Investing

Post: Determine the value of a single-family home

Julius JohnsonPosted
  • Minneapolis, MN
  • Posts 4
  • Votes 1

How does Minnesota appraisers determine the value of single-family homes?

Price per square footage?

Comps?

1 Vote
Starting Out

Post: Any cons to using 203k Loan?

Julius JohnsonPosted
  • Minneapolis, MN
  • Posts 4
  • Votes 1

Thank you everyone for your help!  

@Bill Rich I'll take you up on that actually as I get closer to 5-6month window. 

0 Votes
Starting Out

Post: Any cons to using 203k Loan?

Julius JohnsonPosted
  • Minneapolis, MN
  • Posts 4
  • Votes 1

We plan to live in the property of course for the 1-year time frame and house hack a room in property to a friend. 

After the the time and money allotted, Matthew and Daniel was the 203k loan worth it? 

We've been certain about using the FHA loan but as of this week I'm looking through information on the 203k Loan.

0 Votes
Starting Out

Post: Any cons to using 203k Loan?

Julius JohnsonPosted
  • Minneapolis, MN
  • Posts 4
  • Votes 1

Me and my wife ar gearing up to buy first rental property, looking to buy in July/August and based in Minneapolis, MN.

Any cons to using the 203k Loan?

Is there a typical time/length of project?

Familiar with FHA loan but not so much with 203k loan.

0 Votes