Billy Amberg
The 203K Loan - Open discussion and need advice on FHA Consultant
21 February 2018 | 0 replies
I don't think you have to use specific contractors to complete the work, you only have to use a 203k consultant - pg. 386/1009 There is no specific time frame that repairs must be completed in a 203k loan.
CJ C.
How to check a homeowner’s rental history?
10 November 2017 | 4 replies
The leasing agent is taking 3 weeks to qualify a candidate - so I’d probably have to wait another month to fill this slot (or change leasing agents).
Natasha Graves
New Investor in Baltimore
30 September 2019 | 5 replies
I am looking for investment opportunities within the PG county and Baltimore city areas.
Jon Klaus
FHA inspection
4 September 2009 | 6 replies
Just went through a FHA in AZ.Much easier then a 50 pg. conventional appraisal.As long as things are what they should be ,you should be fine,but what really caught my attention was what Larry said about the "90 day Rule" being only 60 days.
Jose Gandulla
Analyzing a potential Turnkey wholesale
2 November 2015 | 7 replies
The minimum you should have in this slot is $150.
Nathan Alton
RV park/hotel/mobile home park
27 August 2016 | 5 replies
I have found a 16 space RV park with 20 mobile home slots, a live in 3br/2ba home, 10 bedroom hotel w/ laundry facility and last but not least it comes with 20 canoe and kayaks for guest rental.
Davis Sessums
Is there a market for flippers in NOVA?
20 February 2017 | 9 replies
PG County and DC are the 2 locations in the metro area where the most flipping occurs.
Account Closed
Baltimore Deal Analysis
28 December 2016 | 23 replies
I don't think I'll find them in Montgomery county for example, and at first glance PG doesn't seem better than the neighborhoods in Baltimore I'd invest in.
Karen Margrave
Tennessee - Best investment areas
14 September 2018 | 34 replies
Total return through principal paydown, tax savings and cash flow were about 182%.My real estate strategy is clear:Acquire real estate properties that cash flow on 10 and 15 yr mortgages (I already have all my 30 yr slots taken)Acquire real estate in good areas (accomplished with this Collierville property)Acquire real estate to save on Federal TaxesUse 30 yr mortgages to support shorter term mortgages with lower cash flowOnce 10 yr mortgages get paid off, start paying off the oldest 15 yr mortgagesKeep acquiring properties to save on taxes as deprecation schedule is being accelerated At some point, with enough paid for homes, start paying myselfThat is why the 182% return is so important.
Julie Toh
What type of lender do you need to finance your portfolio?
29 May 2018 | 4 replies
If you can fill your first three-to-five portfolio slots here, that would be a great start.2.