26 April 2024 | 7 replies
have you tried infill lots in existing developments ?

26 April 2024 | 4 replies
Here's what the quote covers:- Conversion of 2 bedroom, 1 bath main house to 3 bedroom, 2 bath (~1040 sf footprint)- Demolition of existing walls (existing dining room wall, wall between kitchen and living, bathroom closet)- Finished Shell (Reframing opening to living room and kitchen, shifting openings for bathroom/bedroom, new walls at bathroom and dining, level - Replace all aluminum windows with fiberglass windows and screens- Upsizing plumbing, and relocating fixture locations as necessary- Upgrading electrical panels- Assume heat pump and ductless mini-split for heating and cooling- An allowance for kitchen appliances including combination range, hood, dishwasher, microwave, refrigerator, and washer/dryer- An allowance for mid-grade plumbing and lighting fixtures (Delta, Kohler, or equivalent)- Mid-grade plumbing and lighting fixtures (Delta, Kohler, or equivalent)- Ikea cabinets or equivalent with solid surface countertops, includes island- Assume solar system to be installed on the house including battery storageFor the garage ADU, the garage would need to be demoed and rebuilt, but we would benefit from building within the setback since the garage is on the property lines.

26 April 2024 | 9 replies
You can possibly refinance with a new 1st mtg & payoff the existing 1st & 2nd IF you have created enough equity with the rehab.2) Yes, get a home inspection.3) Title company & escrow should be able to handle a seller finance.

29 April 2024 | 113 replies
NO MONEY DOWN.There should be a bounty on these supposed "gurus".At least 4 books have been published and are being heavily promoted in the last year with the theme of purchasing an existing highly profitable business with no equity investment.

25 April 2024 | 14 replies
I am not sure such a technical term exists.

26 April 2024 | 4 replies
The seller retains the mortgage on the home, wrapping the buyer’s loan into the existing mortgage.

26 April 2024 | 13 replies
Your IRA can buy an existing note or make a loan to a borrower.

25 April 2024 | 1 reply
Tailoring renovations to these demographics can maximize appeal and marketability.Comparative Analysis with Surrounding Zip Codes43613 and 43615: These areas, with higher median incomes, might offer opportunities for higher-end flips but may also face stronger competition and higher property costs.43606 and 43608: While the potential exists, these zip codes may not experience the same level of market appreciation as 43620, which could affect profit margins.Strategic RecommendationsInvestment Focus in 43620Cost-Effective Renovations: Focus on upgrades that enhance fundamental property values, such as kitchen and bathroom remodels and improvements in curb appeal.

25 April 2024 | 9 replies
I read the Fannie seller guide and it says that a cash out refinance has a 12-month seasoning requirement if it is paying off an existing first mortgage: "If an existing first mortgage is being paid off through the transaction, it must be at least 12 months old at the time of refinance, as measured by the note date of the existing loan to the note date of the new loan."

25 April 2024 | 3 replies
My own opinion is by rationale of why the 15 year rule exists (to not discourage new building) it should not apply to either building.