This is IF all other criteria is solid.

Except for some commercial investors, this is virtually never the intent of a residential performing loan investor.Lately, performing notes investors are typically earning between around 10% to 15% for very little work after origination.

I suppose if we had hundreds of loans out, this would be impractical.

If the figure of $1200 is being floated on the listing it’s highly possible the current owner is locked in and grandfathered at this price and even if you get a policy with the same insurance company your policy will be significantly more expensive.

My primary now will sell for $750k, I owe $290k, this will allow me to buy 2 $400k homes. 

This tax credit was recently extended through 2032.Major updates happened to the tax credit in 2022, so let’s discuss what the credit looks like in 2023 and later.How do you qualify?

This is why having strong processes in place is critical.

If you're talking about building an interior wall to create a bedroom, this could work so long as you aren't significantly reducing living space compared to the competitive rentals. 3 bedrooms with a tiny living area could cause problems.

This approach allows you to reduce living costs while recycling capital for future investments.Good luck!

Worked with an agent via a referral and landed this centrally located home that comes with a 1BR/1BA casita in the back.