FHA 203(k) loans are a great way to get into a property, add value, and set yourself up for strong equity when you eventually rent it out.Biggest things to watch out for:1.Contractors & Timeline – The loan requires HUD-approved contractors, and the rehab process can take longer than expected.

You also could find a partner to do the operations so you can avoid the parts that stress you out.

You can go as low as 10% down and there are programs that allows this for first timers with good credit.3.

You can live in the suite and rent out the rest of the home. 

Can I sue the seller for not disclosing?

A bad foundation can tank your deal—don’t wait until it's too late!

Let’s connect and see how we can help each other.

It can be great or horrible. 

Your operating agreement would have to specify exactly what you can do with those monies.  

Someone out there must study those submarkets pretty heavily and can explain how housing stock has changed or not changed month over month the last few months...