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2 April 2018 | 2 replies
The main reason we will be looking to refinance is to utilize an FHA loan again on our next property, and I know you can't have more than one FHA loan at a time.
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4 April 2018 | 2 replies
Dear fellow REIs, I wish you had great Easter weekend.In 2018, my REI goal is fix & flip individual units in multi-family buildings and generate net profit over $100K to learn and test about this industry.
2 April 2018 | 0 replies
Maybe it would be wiser for my mother to utilize an FHA loan to purchase the duplex.
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2 April 2018 | 1 reply
Also, I'm here to introduce myself to others in the industry.
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3 April 2018 | 1 reply
You can also try calling the Oklahoma Construction Industries Board (http://cib.ok.gov/contact).
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2 April 2018 | 0 replies
My initial thought is to put a Manufactered or Modular Home on the land and tie into the utilities.
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9 April 2018 | 8 replies
We are transitioning from the Industrial Age employee business model to the Information Age entrepreneur, which has its own skill-set requirements that just aren't taught in school.
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2 April 2018 | 0 replies
Obviously Lacy Lakeview isn't exactly booming but there is industry in the area (not counting L3 and I'm not really wanting to lease to TSTC students unless they have a family) but I have the opportunity to invest in some homes there.
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4 April 2018 | 10 replies
Hi Everyone, I'm very new to all of this and need a little bit of advice.I am currently working with a real estate agent that I know personally, I will be her first multi family purchase shes new to real estate but has a mentor at her company that has been doing it for decades and provides a lot of assistance though she isn't available very often so we are sometimes on our own and learning as we go.I have been renting the same place for the past 10 years and the owner is selling so now I have to find another place to live, instead of renting for over 1k/month I decided to purchase a multi family, at first I was looking for duplexes but then came across a 3 unit the asking price is 180k, it is two 3 bedrooms and one 2 bedroom, it has a 2 car attached garage, washer & dryer hookups in each unit, newer heating systems tenants pay all their own utilities except sewer and water which is roughly 2k per year the house also has 3 seperate large storage areas above the garage, and it also has a decent sized back yard. 2 tenants have been there for over a decade in the 3 bedroom units and 1 tenant has been in the 2 bedroom for about 6 months.
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4 April 2018 | 10 replies
The maps and things are possibly not as critical at first, but they will tell you if there are things like utility easements or (maybe) flood zones that you need to think about.