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11 January 2022 | 11 replies
@Peter WellmanIf I was in your shoes I'd utilize the VA loan to purchase a home and set aside the $25K for repairs/upgrades or to prepare for your next investment.
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10 January 2022 | 5 replies
Landscaping / Snow Removal - Since you will be utilizing a rent by the room model, will you take care of this?
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9 January 2022 | 2 replies
There is also a finished basement that is not currently being utilized so there is potential there as well.
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9 January 2022 | 0 replies
On average, how likely are sellers willing to disclose utility bills for the past year?
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10 January 2022 | 2 replies
Utilizing the FHA loan to house hack is a great partnership to build your wealth quickly.
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10 January 2022 | 3 replies
is this off an existing road and is there already Culverts or ditches in place for rain water to collect in or do you need to install All wet utilities and if so do you know the City and county requirements for water, Power, Sewer, Reclaim(effluent) Natural gas?
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10 January 2022 | 4 replies
@Alan LeMayAre there utilities at the lots?
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10 January 2022 | 1 reply
A couple of alternatives: get a HELOC on your own residence and using it for all or some of the entire process, or obtain a 203(k) renovation mortgage which will not utilize the LLC.
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10 January 2022 | 2 replies
However factor in utilities because if it is in fact "raw land" you have to think about things like sewer, water, electricity, and gas.
20 January 2022 | 6 replies
My concern is with a low downpayment and high monthly cost $3844 (PITI, HOA, PMI, utilities), this would limit my ability to ever rent out to a family if they don't allow individual leases with multiple roomates.