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3 February 2025 | 14 replies
There are legal requirements for disposing personal property left behind by a tenant.
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2 February 2025 | 4 replies
Quote from @David Sotomayor: Im getting into fix and flip real estate and working with a private lender who requires a higher credit score than mine to qualify.
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3 February 2025 | 8 replies
There are a lot of ways to invest in RE and each requires building necessary skills.
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20 February 2025 | 23 replies
Short-term rentals (STRs) could work well in vacation-heavy areas, but they require active management—considering a co-host or property manager can help offset time constraints.
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20 February 2025 | 4 replies
I moved to miami and it's tough to do here columbus land is cheap. lower than lenders even require our buyers have to come up with additional equity just to close the loan. not sure austin's economics but happy to look at a case study with you to see if it's feasible
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4 February 2025 | 13 replies
Follow all safety requirements your Insurance Company plus city and county require.This usually includes childproof access and alarms.
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12 February 2025 | 5 replies
If you ask the manager to justify a fee and he starts hemming and hawing, move on or require them to remove the fee.
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23 February 2025 | 6 replies
Many hard money lenders offer loans that include rehab costs, which could be beneficial for your BRRRR strategy.Alternatively, if you find a lender that offers a DSCR loan with a lower down payment requirement, that could be another route to explore, especially if you already have positive rental income history.
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13 February 2025 | 2 replies
So it does appear to be possible to get an FHA 203k loan for a 5-unit & convert to a 4-unit.When possible, aim for the Limited (aka Streamline) 203k loan, as it's less complex, not required to get an FHA consultant, etc.Of course, this is based of the two following important assumptions:1) zoning allows for this2) and obviously I owner occupy for at least 12 months3) the total purchase price + renovations are within the FHA loan limits specific to my areaWhat I'm confused about is the timeline or chronological order of the process?
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10 February 2025 | 13 replies
I'm planning on putting 25% down because that is a requirement of the loan.