La Toya Flowers Butler
I'm a Newbie here!
21 January 2025 | 7 replies
Take advantage of its valuable resources to further enhance your knowledge.Remember, the key to maximizing your experience is to be proactive, ask questions, and share your own experiences.
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.
Daniel Huang
Help with finding multi-family properties on BP
21 January 2025 | 2 replies
Does anyone know if there is somewhere we can add this to a feature/enhancements list?
David Robert
Let's talk Cybersecurity!
9 December 2024 | 1 reply
I'm finishing my bachelor degree in cybersecurity this December 2024 and celebrating with a baby due January 2025.The goal of this post is not to make you an expert in the domain, but rather to spark your interest and invite you to re-evaluate your situation.First of all, what is Cybersecurity?
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.
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.
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.
Julie Muse
Team Effort Pays Off: Stunning 14th St Flip Success in Fond du Lac!
3 January 2025 | 1 reply
Purchased on 2/1/2024 for $58,500, we invested $55,000 in renovations to enhance the property’s appeal.
Dustin Wheeler
New member exploring real estate
13 January 2025 | 10 replies
This platform is an excellent opportunity for networking and enhancing your knowledge.