David Jesperson
Fix and Flip First Experience
17 January 2025 | 5 replies
What made you interested in investing in this type of deal?
Kareem Hammad
New Agent Wanting To Learn About Investing Too
17 January 2025 | 9 replies
What type of properties are you most interested in, SF, 2-4 MF, or 5+ MF?
Peter W.
Wall Street Thinks U.S. Homes are Overpriced
16 January 2025 | 2 replies
The article is off because it is comparing two different types of buyers.
Kathy Fettke
How to go after Growth Equity Group-Brett Immel, Preston Despenas
6 January 2025 | 38 replies
Here is the thread I started a few months back detailing my experience with Growth Equity Group, Brett Immel, and their cronies.https://www.biggerpockets.com/...Subsequently, I've had dozens of investors come to me directly, many of them having phone conversations with me, stating how they lost most or all of their retirement funds.
Suganya Vinayakam
How much new ADU build increase value of the home in california
25 December 2024 | 60 replies
Also had a random thought how it’s interesting that these laws are getting passed by the state and they seem to magically get altered in the subsequent years in very significant ways.
Hunter Hanlon Taylor
Short-term rental (first property)
17 January 2025 | 6 replies
Purchase price: $375,000 Cash invested: $87,000 STR What made you interested in investing in this type of deal?
Evan Ryan
1639 S Robberson
14 January 2025 | 3 replies
Purchase price: $90,000 Cash invested: $15,000 What made you interested in investing in this type of deal?
Larissa Leeper
Flipper… ready for rentals!
11 January 2025 | 13 replies
That type of property is ideal.
John Perkins
1 of my Properties
13 January 2025 | 4 replies
Purchase price: $55,000 Cash invested: $25,000 Sale price: $119,000 Bought at around $50kFixed up at around $20kSold at $120k What made you interested in investing in this type of deal?
Brad Roche
FHA 203(k) vs. Fannie Mae Homestyle Renovation Loan
13 January 2025 | 5 replies
Here's how they break down:Fannie Mae HomestyleMinimum Down Payment: 3%-5% (Primary Residence) & 20% Down (Investment/Second Home)Credit Score: 620Minimum Loan Amount: $50,000Maximum Loan Amount: Per County Loan LimitsOccupancy Types: Primary Residence, Second Homes, and Investment PropertiesUnit Maximum: 4 UnitsAcceptable Renovations:-Structural Improvements (e.g., 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.