Brad Roche
FHA 203(k) vs. Fannie Mae Homestyle Renovation Loan
13 January 2025 | 5 replies
., 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.
Jay Fayz
Best way to start in REI at 20 years old
9 January 2025 | 4 replies
I’ve been considering working for as a acquisition manager for a wholesaling company, as I believe it would help me develop skills in property analysis and enhance my sales abilities.
Dustin Wheeler
New member exploring real estate
23 January 2025 | 11 replies
This platform is an excellent opportunity for networking and enhancing your knowledge.
Dean Sexton
New to real estate investing. Quick question
15 January 2025 | 3 replies
Furthermore, it aligns with the growing trend of home improvements that enhance daily living while maximizing investment returns.
Tiamo Wright
Why is Zillow so bad?
21 January 2025 | 5 replies
They make their money off of real estate agents, but real estate agents are the worst people to make money off because they are highly unreliable and in and out of the business when the market changes.Their target should be the consumer with higher levels that they can subscribe too for data, since Zillow is linked to the MLS now which makes their data somewhere more reliable.
Mike Barone
Fix and Flip Hollywood Florida Townhouse
10 January 2025 | 0 replies
This decision increased our budget from $15K to $45K, but it turned out to be a wise investment.The increased budget allowed us to enhance the property's overall value significantly, and we were able to sell it for a much higher price than initially anticipated.
Mike Barone
Fix and Flip Hollywood Florida Townhouse
10 January 2025 | 0 replies
This decision increased our budget from $15K to $45K, but it turned out to be a wise investment.The increased budget allowed us to enhance the property's overall value significantly, and we were able to sell it for a much higher price than initially anticipated.
Julie Muse
Highway 64 Transformation: From Fixer-Upper to $200K Success!
6 January 2025 | 0 replies
With $65,000 invested in strategic renovations, we transformed the home by modernizing key areas and enhancing its curb appeal.
Deanna B.
Is Real Estate a Better Bet Than Treasuries in 2025?
24 January 2025 | 2 replies
If enacted, these changes would bolster real estate valuations and enhance returns for investors.How Real Estate Outperforms Under Different ScenariosIf Interest Rates Rise (Higher Inflation):Treasuries: Medium- to long-term bonds lose value, potentially resulting in negative returns.Real Estate: Higher inflation leads to rent growth, boosting net operating income (NOI) and offsetting the impact of higher borrowing costs.If Interest Rates Fall (Cooling Economy):Treasuries: Bonds appreciate in value, improving returns.Real Estate: Lower rates drive cap rate compression, significantly increasing property valuations and returns for investors.Conclusion: Asymmetric Risk-Reward in Real EstateWhile Treasuries offer a safe haven, they also come with limited upside and potential interest rate risks for medium- to long-term maturities.
Carlos Ptriawan
The rise of flat fee buyer agent brokerage
21 January 2025 | 20 replies
However, expect greater transparency and heightened consumer awareness that has come out of media attention and NAR settlement to impact the listing component of seller agency as well.