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19 November 2024 | 1 reply
Don’t really want to stop that, but just looking for someone to coach or assist me through my options here so I make an informed decision!
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22 November 2024 | 15 replies
It earned about $35K a year, which combined with is retirement and social security benefits, provided him with top shelf top shelf living facilities - assisted living and then memory care.
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20 November 2024 | 9 replies
Happy to connect and assist you in your real estate investing journey.Happy to connect if you are interested to expand your portfolio@Albert Bui @Carlos Valencia
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21 November 2024 | 10 replies
Thanks for any help’ Yes we're licensed there and FHA guides in one state apply to all states unless a state has a specific law that supercedes the FHA lending guideline.FHA is always 3.5% down minimum (in some cases less because you're using a DPA or down payment assistance program or 2nd lender to put down over all a lower down payment than 3.5%, Aka for instance 3.5% DPA + 96.5% FHA = 100% financing but just dont kid yourself this is fully 100% leverage and to be used with caution and carefully).In the case of 2-4 unit FHA is still 3.5% down payment @Matthew Kwan @Carlos ValenciaThere are rules regarding FHA such as:- primary residence - you must occupy one of the 2-4 unit property as your primary over 50% of the year and the underwriter needs to believe you will remain and have the ability to live in there, any deviation from this and you'll get a whole laundry list of conditions asking you to prove why you should be believed to be living or will live there (if this arises dont be surprised, it just means the UW doesnt believe you).- SS rule - self sufficiency rule - gross rents of all potential units 2-4 X gross rents at 75% needs to meet 1:1 or 100% of the monthly PITIA payment or greater.
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19 November 2024 | 4 replies
Operations, well, you need a PM/Sup, you need a bookkeeper, you need a good contractor, and you need an assistant to manage other stuff.
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20 November 2024 | 20 replies
Would your realtor be willing to assist me for acquisition.
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18 November 2024 | 10 replies
Let me know if I can be of assistance.
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20 November 2024 | 22 replies
Strategies like rent by the room, mid-term rental, short-term rental, assisted living, and section 8, are ways people are making it happen.
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21 November 2024 | 20 replies
If you're accredited start researching potential syndicated deals- Some you can get in for as little as $50K; muitifamily, storage facilities, Residential Assisted Living.....
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17 November 2024 | 9 replies
I might be able to assist(Feel free to send me a dm if you dont want to disclose this information publicly)