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14 November 2024 | 1 reply
When initially purchased, the property was in disrepair and had not been properly managed for 10+ years.
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14 November 2024 | 6 replies
Thank you for asking this question, because I've been going back and forth in my thoughts getting started, it's very scary and I'd feel much better having a mentor to walk me through.
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13 November 2024 | 22 replies
I encourage you to check out the link I posted above for more info.
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14 November 2024 | 5 replies
I am sure you're aware of the FEMA 50% Rule for renovations of properties in certain Flood Zone's, so I won't insult your intelligence by going into it.
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29 October 2024 | 16 replies
He is over priced but it's close enough that we might find alternate means to make the deal work for both of us.
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13 November 2024 | 8 replies
@Jerry ZhangYou can also put a lien on one of your assets for a short period of time.
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13 November 2024 | 1 reply
For an owner-occupied property with 5% down, consider a conventional loan with a renovation option like Fannie Mae or Freddie Mac.
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13 November 2024 | 17 replies
You'll need to consider DTI for any of those options, which is usually the limiting factor for people as they start to scale.
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13 November 2024 | 15 replies
Thank you in advance for your expertise!
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13 November 2024 | 18 replies
Are you comfortable enough to risk it for the biscuit?