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4 February 2025 | 7 replies
This works best when the seller is motivated and open to flexible terms.4.BRRRR Strategy (Buy, Rehab, Rent, Refinance, Repeat)– If you find the right undervalued property, you can finance the rehab with short-term funding and then refinance into a long-term loan, pulling most or all of your money back out.5.House Hacking– If you’re open to living in your investment, you can use an FHA loan (as low as 3.5% down)to buy a multi-unit, live in one unit, and rent out the others.
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11 February 2025 | 15 replies
If one of the greatest investors of all time believes stocks are overvalued, this may be an opportune time to shed some risk and move into a more tangible asset like real estate.The Rochester housing market is a great place to consider for investment.
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11 February 2025 | 7 replies
Im no legal expert but belief if you get foreclosed on 2nd home and you still owe money they can come put lien/go after first house.
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6 February 2025 | 4 replies
My focus is on affordable housing, especially mixed-use projects that serve both residential and community needs.
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1 February 2025 | 1 reply
Hello i bought a house for 75000$ and can get a loan on it for 155,000$ My question is hypothetically if i were to only get a 20,000 Loan From the 155,000$ loan and never pay it would they foreclose on my property and i would loose it for not paying the 20,000 Loan?
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5 February 2025 | 6 replies
@Jason Sinclair, having a designer for a wife, I would answer that it really depends heavily on each house, the flow and usability of the spaces as they are, and the overall use of space in the house as a whole.That being said, while there may be a small shift towards more separated spaces, "open concept" is by no means dead, and in many markets, most people seem to still want to have connectivity between their communal spaces.In fact, my wife's current flip is a split level (although technically it is a split-foyer), and she is taking out a structural wall to connect the kitchen, dining and living areas.
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6 February 2025 | 0 replies
Purchase price: $250,000 Cash invested: $50,000 Primary house hack.
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7 February 2025 | 13 replies
We moved into a nice house in Florida when I was a sophomore in high school.
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6 February 2025 | 4 replies
Use the two years to learn the area and I would suggest as soon as you can, find a duplex and start a house hack.
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16 February 2025 | 24 replies
Hudson is a pretty "touristy" town, so BnB's became a big thing and the local gov't was concerned about the amount of long term housing available.