Hi, I have a family member that had a reverse mortgage on their property it's a 3b 1b 1 acre of land heats by oil no hvac and on well water. When I tried to get it when my side of the family found out and tried tp tak...

Buying a turn key rental, in an area you know or knew well, with a property manager you've met and trust, in an area that is large enough for you to have other options to find contractors and property managers? 

So we never bought anything that was more than 75% of ARV current condition.

This way, you build income-generating assets first while keeping future options open.

Hi Kelly,I am currently with Equity Trust not by choice since they bought out Midland Trust last year (2023).

Gives you more options.- at year 7 if value appreciated a lot, can i do a HELOC on it and use that HELOC to pay off the balloon - probably not due to lien being secondary etc on helocYes on the HELOC, but it would probably be easier just to refi and pay off the seller, and cash out more money too.Hope that helps and good luck!

They are the first 2 builders who bought some lots from D32. 

Some of the manufactured home companies have a modular home option, I know Clayton does.

Purchase price: $360,000 We bought this stacked duplex, lived in one unit for 2 years and moved on.

Quote from @Michael Navales: Quote from @Budhavarapu Ranga: Hi,Me and my friend OOS have bought a new single family home in Buda TX as a rental investment.