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17 December 2024 | 16 replies
However, it’s important to understand the loan’s key requirements:Owner-Occupancy: The borrower must live in one of the units as their primary residence for at least 12 months.Single Borrower: FHA loans are issued to individuals, not partnerships or entities, which means the loan would need to be in your name alone.Given your scenario, only you can qualify for the 203(k) loan since your partner does not intend to occupy the property.2.
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14 December 2024 | 101 replies
The individuals I've met along the way that are really good at real estate are analytical, level headed, and disciplined.
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23 December 2024 | 34 replies
(systolic pressure rising so won't get into that)And many less experienced individual investors in SFRs don't do as well as others and "well" means what could you have done otherwise.
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12 December 2024 | 19 replies
Is this because you had a PM with insurance for this kind of thing or was this a clause in your individual building insurance policy?
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5 December 2024 | 5 replies
- However, I’ve seen general Fannie Mae guidelines that suggest if substantial improvements have significantly increased the property value, you might be able to request PMI removal earlier, provided the LTV is 80% or below.
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9 December 2024 | 2 replies
However, the actual deadline would be April 15, 2025 my individual tax payer filing deadline per Rev.
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10 December 2024 | 22 replies
I've heard from others that the market drops off substantially in October and November.
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12 December 2024 | 18 replies
Reach out to each individual syndicator that you like to discuss your questions.
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9 December 2024 | 1 reply
My late wife and I held joint interests in a piece of real estate in our separate individual self directed 401k accounts.
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9 December 2024 | 5 replies
Joining Bigger Pockets hoping to accelerate my learning process and meet like minded individuals.