Josh H.
Buying Home from Auctions?
13 January 2025 | 8 replies
I'm seeing lots of my clients have success currently with auctions in Cecil County and Baltimore City.
Peter Wachira
Massive 118% property value assessment increase
6 January 2025 | 3 replies
I rent out a 2 unit property in baltimore county.
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: $524,225Occupancy Types: Primary Residence ONLYUnit Maximum: 4 UnitsAcceptable Renovations:-Structural Improvements/Reconstruction (e.g., adding rooms, bathrooms)-Cosmetic Enhancements-Eliminate Health and Safety Hazards-Energy Efficiency Improvements-Major Landscaping (e.g., grading, tree removal, adding walkways)Non-Acceptable Renovations:-Luxury Items-Commercial Use-Temporary Structures-Non-Residential BuildingsBoth of these renovation loans are similar in many ways, but the key differences are:1.
Sean Dunbar
Looking for advice to invest 965k of equity
16 January 2025 | 4 replies
We currently own a property in Los Angeles County that has around 965k-1.2M$ of equity in it.
Mary Perry
New member/Rookie Investor
29 December 2024 | 2 replies
@Tylere WeaverI am located in Granville/ Glens falls, NY area (Washington County)
Samuel Coronado
Looking at another park
13 January 2025 | 8 replies
The last time I represented a mobile home park purchaser, county health department allowed four MHs per septic tank.
Kyle Carter
Distressed property valuation
8 January 2025 | 5 replies
The land assessment value is on the tax assessor's site in every county, but that doesn't hold a ton of relevance in my opinion.
Alec Dressler
How to Determine Public Interest in a Potential Airbnb Property?
13 January 2025 | 15 replies
Did you check with the county and make sure you can do a STR in that area?
Brandon Simpson
Should I stay away from properties that have been on the MLS for a long time?
5 January 2025 | 8 replies
The city of Cairo and Alexander County as a whole are in a very depressed economic situation.
Scott Weston
Highlands Cashiers Market
8 January 2025 | 10 replies
Cashiers is unincorporated Jackson County - where Highlands is its own municipality and able to act in more precise way that exact community.