1.25- is that a good indication of whether you a property is a good deal?

Hey BP community, I’m looking into a potential flip in New York, and would love some insight from experienced investors. I'm looking to use a Fannie Mae Renovation Loan. The property is a single family home that is on...

Proof of funds would be a bank statement or some other document indicating the liquidity you have.

SizeCracks wider than 5 millimeters (0.2 inches) are a cause for concern Cracks wider than 15 millimeters (0.6 inches) may indicate a serious problem Cracks wider than 25 millimeters (1 inch) could be a sign of structural damage Location Cracks above doors and windows, Cracks near the ends of walls, Cracks where walls and ceilings meet, and Cracks that allow daylight in.

The good news is you don't need a specialty loan for a house hack, just a traditional primary home loan.

My DP was around $20k and when I sold it I cleared over $200k.Good luck to you and let me know if there's ever anything else you'd like to know about house hacking.

Hey bigger pockets!Every time i make a post on here I am getting great feedback so minus well keep posting lol. I am wondering if anyone has good places to research affordable yet healthy/upcoming markets to invest in...

Generally if a first is going to be paid off from the second position foreclosure, then the first must be notified in the complaint and the language will not be indicative of the foreclosure being subject to the first.

I did the below research a couple/few years ago (so info is slightly old) but never ended up doing one but for those who watch my posts, I have indicated it is high on my list for Q4.  

Only the house 5 down with the same sq ft is literally worth 100K more because the neighborhood actually changes in those 5 houses.