
2 October 2024 | 2 replies
They were extremely fast to get the pictures and whatever was needed to get the house started to repair.

2 October 2024 | 1 reply
I understand I could buy a multi door property , I didnot want to deal with rehab/ repairs nor do I have the experience at this point How did you finance this deal?

3 October 2024 | 10 replies
My financing strategy would be to HELOC the down payment and repairs then, as quickly as possible, do a DSCR to bring the mortgage together and lock in a lower interest rate.

1 October 2024 | 4 replies
I expect to have about $10,000 in repairs on the high side.

1 October 2024 | 8 replies
Would need some cosmetic (paint, refinish floors, minor repairs/upgrades completed by me).

1 October 2024 | 9 replies
Keep up on any thing that crops up that needs repair.

1 October 2024 | 16 replies
I'm working on building my down payment including repairs fund and have a good credit score above 750.I’m interested in buying a property near Kansas City, in markets like Topeka or Springfield, IL, but I’m open to other cities in the Midwest.

1 October 2024 | 15 replies
Insurance Proceeds: Generally, insurance proceeds received to repair or replace property damaged in a hail storm are not taxable.

1 October 2024 | 12 replies
Get as long of a mortgage as possible (eg 25-30 year mortgage) to make your payments lower.If you are buying to rent it and won't be living in it, you need 20% for a down payment.Either way, you also need money set aside for closing costs, inspections, repairs and maintenance...and if you are renting it out to cover vacancies.

4 October 2024 | 9 replies
This is before accounting for things like repairs & maintenance, etc.So just be sure you fully think through the cost side of investing out of town / out of state.