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30 January 2025 | 3 replies
@Asher M.Possible, yes but like your lender pointed out it's going to be difficult to pass the self-sufficiency test (SST) for a legal 3-4 unit property.
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22 January 2025 | 12 replies
Sell our house (~$700k) and purchase a new one in the Seattle area.
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7 February 2025 | 5 replies
An approach that we use is to provide value to the homeowner - especially to distressed homeowners.
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7 February 2025 | 17 replies
To clarify, in MN a person must be a licensed to perform at-charge Property Management services, for others, on a standard commerce basis.
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29 January 2025 | 11 replies
Once you complete and rent/stabilize, you should easily be able to get into a DSCR loan.
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29 January 2025 | 19 replies
Quote from @Rich O'Brien: Talk to a lender immediately!
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23 January 2025 | 8 replies
Congrats on buying an investment property.
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18 February 2025 | 9 replies
It was turnkey so I didn't have to do a thing to it.
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17 February 2025 | 4 replies
The partners between a realtor like myself (proficient in renovation experience), a general contractor, usually a loan consultant to support the buyer and the lender, (along with a buyer and seller of course) are the parties involved.I come across so many homes perfect for 203k or HomeStyle buyers, on and off-market, it isn't funny.
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19 February 2025 | 8 replies
My PERMANENT portfolio is my SDIRA; I try to buy more solid performing notes that I won't need to work on (although they haven't all panned out that way...).