These rules are designed to prevent borrowers from repeatedly using FHA loans for investing.

After all PITI, utility, and services (lawncare and cleaning) costs I have $7,225.I set aside 25% of this for my maintenance fund.The remainder funds my lifestyle, wife has a Tesla, and quarterly vacations as well as business growth.In 2023 I am tracking to build 4 duplex units designed as room rentals funded in part from a recent land sale.

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

There're various financial plans designed to help with college financing, and some of them come with tax benefits.

Quote from @Gary Aragon: Quote from @Rick Albert: Our electricity is already separate and we designed our ADU to be all electric so no gas. 

Depending on the state, you will need a designated agent for your LLC, in that state.

It's the ultimate "investor" property as it's designed for investors unlike some other condo or house in Carlsbad that you won't be able to visit because it will be on a 1-2 year lease and will only net you equity via appreciation, not cash.

Anything smaller may not attract larger investors or offer the economies of scale needed for profitability.Design Style: BTR developments often consist of attached townhomes, usually with features like garages and a more upscale design to appeal to renters looking for something between an apartment and a single-family home.Location Factors: The success of your development depends heavily on location.

Hi BP, i’m curious if anyone has moved an electrical meter without upgrading service. i recently upgraded a meter and was forced to move it to a new location however now i can’t pass inspection because the service enters the building before the meter (only good route to get to new meter was indoors) i really want to avoid a new electrical drophas anyone found a way to enter the building before metering?

Assumption by an EntityUnfortunately, assuming a VA loan directly through a legal entity (such as an LLC, corporation, or trust) is typically not allowed because:Primary Residence Requirement: VA loans are designed for owner-occupied properties, meaning the assuming borrower must intend to live in the property as their primary residence.Credit Review: The VA and lender require the assuming party to undergo a personal credit and income review to ensure repayment ability, which entities cannot satisfy.3.