You have a lender who doesn’t like doing a 293k......finding one who does them regularly is the key to getting one done.

Hi BP family!-I settled on my first property back in March, below are the details:-FHA loan, 3.5% down -Condo in Cherry Hill, NJ (south jersey) - 2 bedrooms, 2 bathrooms + loft. I am living upstairs in the loft, both ...

THey were saying you pay a little money a month to have mail sent there and then forwarded to your regular address.

It took me a little over 30 days to receive both certificates.Upon receiving the certificates I had to visit the Jefferson County Tax Assessors office so that the county could update the records.The entire process took approximately two months.What's Next:Now the waiting game.

I just want to warn you if you are thinking about investing with Clayton Morris and Natali Morris that they are runnig a #turnkeyskam in Indianapolis, In.My saga began 10 m ago (Sept 2017) when I desided to invest with them after watching their podcast and had an convessation with Dave Koehn from Morris Invest.Everithing was fine till the moment when I asked for renovation update few weeks after the closing.I found out that I am not dealing at all with Morris Invest but a company called Ocean Pointe.

I have enough cash to buy a deal in the ~$200,000 range (as well as a small amount of regular dividend income) but would prefer not to use all my capital on one deal.

The trust rates were reduced slightly with the 2017 tax law, but not nearly as much as the corporate rates.2018 Estate and Trust Income Tax RatesIf taxable income is:                                The tax is:Not over $2,550                                       10% of taxable incomeOver $2,550 but not over $9,150          $255 plus 24% of the excess over $2,550Over $9,150 but not over $12,500        $1,839 plus 35% of the excess over $9,150Over $12,500                                            $3,011.50 plus 37% of the excess over $12,500Because of the new corporate tax rates, the use of a UBIT Blocker corporation may now make sense for those investors wishing to regularly engage in UBIT exposed activities such as house flipping. 

I like to read the DepositAccounts blog (https://www.depositaccounts.com/blog/)  for the daily updates on savings, money market, and CD accounts.

For the moment everything assumes 100% financing)* Repairs (default is $2000)* Vacancy (default is 10%)I also make sure to include HOAs, management fees (which vary based on property type), and insurance (which also vary based on property type, and are just estimates).The list is up to date as of this evening (June 6th), but it's static so it won't be updated unless I update it.

I don't have direct comps, but other houses in the area, updated ones, have sold for closer to $700,000.