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12 January 2025 | 25 replies
Finding off-market deals and putting a fair bit of work into them.Our typical deal today we're doing goes for a purchase price of around $50,000 - 60,000 and will require $20,000 - $30,000 in rehab.These are general averages, of course.Then you're seeing appraisals in the $90,000 - $120,000 range.
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8 February 2025 | 21 replies
There are variables involved, and there’s of course skill and effort required not just calls.
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9 January 2025 | 2 replies
High credit scores and low DTI are often required…and these take much longer than I first thought…Navy might take 45 days to get through the gauntlet.
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12 January 2025 | 5 replies
Another note on construction cost, going vertical is very expensive now and would require have a great connect with a developer and a builder in the area.See what rents are in the area and run the numbers to ensure the rents will cover your costs and give you a solid return—using the 1% rule can help.
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23 January 2025 | 10 replies
A SFH doesn’t require a 20% down payment; you’d have PMI to deal with, but as you probably know, it’s usually a manageable cost.
9 January 2025 | 0 replies
These loans require taxpayers to be current on all previous tax filings, highlighting the importance of expedited processes for obtaining necessary documentation, such as tax transcripts or copies of prior returns.
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1 January 2025 | 22 replies
Then go for a rug that mixes those colors together well (you also really need a coffee table to fill the space and something vertical like a floor lamp to help balance out the different window sizes.)
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16 January 2025 | 9 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
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16 January 2025 | 6 replies
Here are a few tips to help you get started:Financing: Since you’ll be starting your internship soon, lenders may look at your projected income or require a co-signer until you have a longer work history.
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11 January 2025 | 8 replies
Fannie Mae has a requirement that if you want to use the rental income from the non occupied units, that you MUST have a current housing expense which means you cannot live rent free.