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19 August 2024 | 8 replies
title company missed code violations of record house was built half on another lot they paid right away..
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14 August 2024 | 2 replies
There are a few houses on a street where I already have a house.
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15 August 2024 | 9 replies
I recently got preapproved for a HELOC at approximately 38,000 and the house is worth around 285,000.
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18 August 2024 | 6 replies
Hey guys, I needed some advice on new construction here in NJ.Me & my wife want to purchase a second home as our primary home but prices on houses are super over priced and just not worth it especially with inventory being so low & the market just all twisted.My thought was to maybe pick the town I want to live in and potentially see if I can get vacant land to build on obviously.I wonder if maybe it will cheaper to do this strategy instead of getting a loan for 600-700K home that still needs work and I’m not happy about it..thoughts?
14 August 2024 | 7 replies
Quote from @Daniel Rabinov: I’m new to REI currently looking to acquire multifamily properties in the North Miami Beach, Aventura, and Hollywood areas that meet the following criteria:Price per Unit: Maximum $250,000 (4 PLEX MAX 1M)Cap Rate: 7.5% or higher as-is not pro formaValue-Add Potential: Properties that offer the opportunity to renovate, improve, and increase rents or overall property value.My focus is on underperforming properties with strong fundamentals that are located in these markets.
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14 August 2024 | 0 replies
I pour all cash flow back into the property, slowly renovating and increasing rents.After small renovations and improvements I decided to sell after moving away.Sale price: $385,000Return on capital invested: ~717% What made you interested in investing in this type of deal?
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17 August 2024 | 25 replies
I also used a HELOC on my current house hack to buy.
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18 August 2024 | 9 replies
Would fabricated or manufactured housing count as an ADU to build, rent and possibly sell under this new law?
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18 August 2024 | 14 replies
Pressure test; Fail" If the house is on a basement, with access, or a decent crawlspace I probably wouldn't worry about that part of the test at all.