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15 February 2025 | 10 replies
You might also consider house hacking or a local deal first to get some hands-on experience before managing remotely.
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30 January 2025 | 4 replies
I can't give a tutorial re how to originate a note today, selling a house with financing in just one post.
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13 February 2025 | 18 replies
Have you thought about house hacking?
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7 February 2025 | 5 replies
However, they approach financial health from different angles.The 50% Rule is a quick estimate that suggests operating expenses (excluding mortgage principal and interest) will roughly equal 50% of the property's gross income.The DSCR is a more precise calculation (Net Operating Income / Total Debt Service) that determines if a property generates enough income to cover its debt obligations.Deal example:- Class C middle class neighborhood- 4bd / 2ba single family house- ARV: 190k- Purchase: 105k- Rehab: 35k- Market rent: $1,400-1,525- Section 8: $1,475- Property manager: 10%- Taxes: 125 month- Insurance $1250 yr- HOA: $55 month- purchased and rehabbed with all cash.
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25 February 2025 | 20 replies
VA loans can be assumed by anyone (investor, veteran who doesn't want to use their entitlement, and non-veteran) so long as the seller is willing to leave the portion of their entitlement that they used with the house.
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19 February 2025 | 13 replies
IE - if any units are receiving Section 8 vouchers or other forms of housing assistance, Freddie & Fannie only look at the tenant paid portion of rent when determining whether or not the unit is Mission Driven @ 80% AMI levels.For example, let’s stick to the 2-bedroom $2500 Mission Driven 80% AMI cutoff example above.
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11 February 2025 | 30 replies
This website will include links to download the necessary apps to control the house, QR codes for food delivery and other services, maps to locations of interest, requests for repairs, and more.Attractive furnishings.
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3 February 2025 | 0 replies
Purchase price: $110,000 Cash invested: $30,000 Hobby Farm On 10 acres2300 sq ft house with 8 out buildings - Large Barn, Animal/hog barn, Mid-size machine shed (2) 25' x 35' / 30' x 50', Large Machine shed 60' x 60', Grainery barn, Entertainment Barn, 3 car garage What made you interested in investing in this type of deal?
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29 January 2025 | 2 replies
Get the house hack under contract and closed first.
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29 January 2025 | 6 replies
The low down payment house hack is the way to go.