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3 October 2024 | 7 replies
The key occupancy requirement for FHA loans is at the time of the original purchase—usually requiring you to live in the home for at least a year.If you've met the initial FHA loan requirement of living in the property for 12 months (which you would have by November 2024), you're typically free to move out and house-hack again, even if you choose the FHA streamline option If your goal is to acquire another property in Q1 2025, refinancing via FHA streamline shouldn’t prevent that.
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2 October 2024 | 19 replies
@Cedreahna Kennedyyes - be patient.
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3 October 2024 | 3 replies
Leases have to be honored so you'd either have to wait until the end of the lease or offer "cash for keys" to get them out.
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1 October 2024 | 0 replies
Multifamily is still very rare, to the disappointment of my plex buyers, but value adds multifamily opportunities do exist for those who are diligent and patient.
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11 October 2024 | 30 replies
While the location is great and close to key spots like Dollywood, it might be better to walk away if the financials don't work.
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8 October 2024 | 22 replies
Just give them back the money, don't hand over keys and let them know that you won't be moving forward with themBetter to get rid of them now then get stuck
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3 October 2024 | 3 replies
I'd suggest buying a turn-key or light rehab as your first investment.
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3 October 2024 | 2 replies
—will be key to success!!