Chris Steinman
Rent or sale and new location
16 January 2025 | 1 reply
I currently own a 1 bed 1 bath single-family house as my primary residence.
Sean Mattis
Best Text Blasting Service?
13 January 2025 | 5 replies
I personally use the mass text capabilities through my Resident RE CRM.However I have a few friends who wholesale and invest and use Mobile Monkey to mass text and from what they say the price is pretty reasonable.
Morgan Vien
I live in CA and am buying a rental property in OR. Advice on LLC + Taxes
17 January 2025 | 5 replies
This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Be sure to tell your accountant that you may now need to file non-resident income tax returns in each state where you own property as well.
Graham Lemly
Financing Strategies for house I want - Hard Money, Rehab or Conventional?
4 January 2025 | 1 reply
If it is your primary residence as indicated, just sell it and skip the 1031I Persue all 3 payment options concurrently and see which pans out as your best deal.
Brad Roche
FHA 203(k) vs. Fannie Mae Homestyle Renovation Loan
13 January 2025 | 5 replies
Here's how they break down:Fannie Mae HomestyleMinimum Down Payment: 3%-5% (Primary Residence) & 20% Down (Investment/Second Home)Credit Score: 620Minimum Loan Amount: $50,000Maximum Loan Amount: Per County Loan LimitsOccupancy Types: Primary Residence, Second Homes, and Investment PropertiesUnit Maximum: 4 UnitsAcceptable Renovations:-Structural Improvements (e.g., new roofing, foundation repairs)-Cosmetic Enhancements (e.g., new flooring, updated bathroom/kitchen fixtures)-Energy Efficiency Upgrades (e.g., solar panels)-Accessibility Modifications (e.g., ramps, widened doorways)-Luxury Items (e.g., pool)-LandscapingNot Acceptable Renovations:-Commercial Use (e.g., turning a residential property into a commercial property)-Temporary Structures-Non-Residential Buildings (e.g., barns, stables)FHA 203(k)Minimum Down Payment: 3.5%Minimum Credit Score: 620Minimum Loan Amount: $50,000Maximum Loan Amount: $524,225Occupancy Types: Primary Residence ONLYUnit Maximum: 4 UnitsAcceptable Renovations:-Structural Improvements/Reconstruction (e.g., adding rooms, bathrooms)-Cosmetic Enhancements-Eliminate Health and Safety Hazards-Energy Efficiency Improvements-Major Landscaping (e.g., grading, tree removal, adding walkways)Non-Acceptable Renovations:-Luxury Items-Commercial Use-Temporary Structures-Non-Residential BuildingsBoth of these renovation loans are similar in many ways, but the key differences are:1.
McKenzie Stouffer
New STR in South Carolina
14 January 2025 | 1 reply
Investment Info:Single-family residence other investment.
Jules Aton
Back in the day...
13 January 2025 | 16 replies
My first rental I asked the guy at the closing table how much he usually got for rent and he told me he could pretty reliably get 300-400.
Laurens Van swol
DSCR Loan for Florida investment
20 January 2025 | 5 replies
There's definitely a few things to note since you are residing in Europe, most of the investors we work with that live over there do put it in an entity but there are a few details for how that would work since you aren't necessarily local.
Jonathan Bombaci
Investment Condos [Calc Review] Help me analyze this deal for my Kids Future!
2 January 2025 | 3 replies
My parents had a 3 family growing up and I used to hate going there on weekends but I learned a lot and it obviously stuck with me.
Jason Edwards
First Flip Insights: 1272 Lakins Rd, Etna
20 January 2025 | 1 reply
Investment Info:Single-family residence fix & flip investment.