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31 January 2025 | 22 replies
FHA Loan – 3.5% Down (Owner-Occupied)Buy a duplex, triplex, or fourplex, live in one unit, and rent out the others.You only need 3.5% down with a 580+ credit score.STRs are typically not allowed initially, but you can transition over time.3.
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28 January 2025 | 6 replies
I wouldn't focus singularly on individual city initiatives/projects and would recommend focusing more on fundamentals.
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28 January 2025 | 1 reply
**Purchase Agreement**: This is the initial contract between you and the seller.
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29 January 2025 | 7 replies
The markets you mentioned in your initial post in this thread are great markets, but they're all heavy on appreciation and light on cash flow.
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26 January 2025 | 9 replies
So the idea of doing this all from afar is a bit daunting, however, I know the most important thing here will be to create a great team and outsource as much as possible.I have set my sights on a couple of different markets being in the Southeast and the Midwest; these markets seem to provide the cash flow I am initially interested in generating to value add to the properties I purchase.
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18 February 2025 | 8 replies
The 1351 number was calculated by the initial developers as member percentage interest 3.9% of the total sq footage of the building: 34,648 and that's what the appraiser went by.
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24 January 2025 | 17 replies
Bryson: Seller Financing OfferPurchase Terms1.Purchase Price: $215,0002.Down Payment: 20% of the purchase price, equal to $43,0003.Financed Loan Amount: $172,0004.Interest Rate: 6.5% per annum (fixed)5.Initial Amortization Schedule: 12 years (144 months)6.Balloon Payment:•At the end of 24 months, the buyer will make a balloon payment for 50% of the remaining balance of the loan.
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30 January 2025 | 6 replies
@Vince Scipione This is very solid advice to keep it separate and I agree with you, the only reason I was even thinking of it was to help me raise the initial funds for my first investment.
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2 February 2025 | 9 replies
We are within our rights as tenants to request that you initiate a fix to the problem within the next 24 hours due to the condition of the house presenting both health and safety hazards.
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31 January 2025 | 5 replies
Nc contracts require 60 days notice during the initial lease term. 30 days if the contract is month-to-month.