Hello everyone,I'm new to this group and would love to hear your thoughts on the pros and cons of purchasing a corporate or bank-owned home. What should I keep in mind to ensure I'm approaching it the right way?Thank ...

Would a HELOC or home equity loan on my personal home be a good idea to fund this?  

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $785,000

Cash invested: $156,000

Short term vacation rental in Panama City Beach. New construction, fully decked ou...

@Tim Holt, Yes INDEED house hacking is the best option for most 1st time buyers.  

I warn people over and over and over to know what they are buying and to go personally see what they are buying. 

Affordable housing is about the housing itself and the economic environment it is created in.

What do you do when in house goes on vacation? 

Given your assumptions, you are not going to be able to get enough of a loan to fully cover the rehab, even with a hard money loan, so you'll need to pull in cash from elsewhere.One possibility is to have your mom sell you the house with a personal loan, not one attached to the property. 

@Antoine Black  In general, yes, it goes off your personal credit. 

Hi everyone! I'm Igor - a revenue management expert with over 10 years of experience in the hospitality industry. I started my career working for Marriott in New York and Toronto, specializing in dynamic pricing and...