Dav Pohote
Is it really a great deal if it's on a 30 yr mortgage?
3 April 2024 | 24 replies
It's also not occupied now (as it's down to studs), so I have to get a short term loan for the remodel (4-6 months) then refinance to conventional commercial.
Kelly Wali
1969 manufactured home
1 April 2024 | 7 replies
I'm going to close and resell as fast as possible, well we will spend $40,000 on the remodel.
Clint Jusino
What steps would you follow to do a Rehab on a rental property you have just purchase
1 April 2024 | 48 replies
This is a good time to open up the place and make it 'great room'.IMO, this is way more than $40k Rehab cost...you're almost doing a complete 'to-the-studs' remodel here.....Hint - you'll need to run a ground to every outlet and switch, plus adding a lot of outlet locations and in some rooms it will be easier to just demo the drywall.
Josh Leedy-Andreozzi
Combine my love of teaching with REI Brattleboro, VT
30 March 2024 | 3 replies
A few things to keep in mind when obtaining an FHA 203(k) loan:1) Improvements paid for with a 203(k) loan must generally be completed by a licensed contractor and are subject to approval by an FHA appraiser as well as oversight by the FHA-approved consultant if it’s the standard loan option.2) You must develop a remodeling plan, schedule, timeline and put it in phases.
Josh Mac
Where did you start?
31 March 2024 | 50 replies
Then I took out a HELOC to buy the second house hack and did an FHA 203(k) loan to remodel and expand the main house and convert the garage into an ADU.
Lisa Thoele
Setting up a tiny house community like a mobile home park?
1 April 2024 | 59 replies
Used remodeled versions in parks go for $70-80k. you can buy a fixer upper one in a park for $30-40k.
John Merseth, Jr
First investment property
30 March 2024 | 0 replies
Not completed yet, but we will be replacing windows, and doing a small interior remodel to add a second bedroom What was the outcome?
J Scott
Controlling Your Appraisals
3 April 2024 | 83 replies
The appraiser used ALL REO and short sale comps for our gorgeous remodeled sale.
Colin Sexton
New To this platform and investing.
29 March 2024 | 2 replies
I sign up for this all in 2019 for this is the first time I’ve logged in.I bought a place in 2018, remodeled and sold in 2022 and chased my dream of 20 years of moving to Jackson Wy however investing here in not an option since I’m not a billionaire sooooo I am planning my next moves and looking to invest.I have roughly $30K (potentially $50K) to invest in a flex and flip as I’m not sure I could do the landlord thing.I have been looking in places I would like to actually live which is eastern Oregon, North central/East Tennessee, Rapid City or Naples-Clearwater Florida areas.Any help or ideas would be awesome!
Raphael Braschoss
Need guidance on 4+ acres in southern New Jersey
29 March 2024 | 8 replies
We got a thumb in the air quote for the remodel at 150k.