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24 January 2025 | 4 replies
We use a construction loan to build a 4bed 4 bath cabin.
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16 January 2025 | 1 reply
Sitting on 10 acres , build a few more houses
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12 January 2025 | 2 replies
My duplex - built 1989, 2,060 sf, 2 bed/bath, 1 year old roof, value if I subdivide (county already approved) and sell each separately $150k each ($300k total)Investor duplex - built 1995, 2,300 sf, 2 bed/bath, 5 year old roof, value around $310kThe investors initial request was for an equal trade and they would pay realtor fees, which I replied wouldn't be equal due to buying/selling costs (recording fees, title insurance, closing fee, survey, inspections, loan fees, 1031 fees, accountant fees, repairs), taxes would increase due to new sale price, I'd trade a 3.75% mortgage for a higher one, and I'm on the 10th year of a 30 year loan so resetting that to a new loan would restart amortization and pay more towards interest.
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25 January 2025 | 5 replies
Destin is a great spot for house hacking—tourism is strong, so renting out part of your property could help with the mortgage.
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23 January 2025 | 6 replies
ADUs typically add value to a property, but it might not be at the same $/sq ft as the main house.
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1 February 2025 | 17 replies
Single-gender homes are only for transitional housing (like soberliving houses, halfway houses, etc).
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19 January 2025 | 14 replies
If the other two parties want to flip a house maybe they can do just that as partners and then sell you the house which you can buy with a primary home loan with low down payment.
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27 January 2025 | 8 replies
These are not situations where you will pay a price down the road like not pulling permits for a kitchen/bath remodel.
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6 February 2025 | 0 replies
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $360,000
We bought this stacked duplex, lived in one unit for 2 years and moved on. Didn't really put much into ...
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2 February 2025 | 14 replies
They get hail storms there.No cap ex or anticipated cap ex.Rent is slightly lower than market because I have long-term, excellent tenants.The Dallas area is still growing, so selling is probably something I'd regret.Been renting the house since 2011, when I bought it.