I have a primary home that has a lot of equity.

I've been living with my parents and I am planning on getting an FHA Loan to purchase my first home.

I am looking to purchase a home with my sister in CA. 

The monthly rental of a home should be 2% of the home purchase price. 

We purchased the home on 11/22/2022 for $90,000 and sold it for $125,000 on the same day.

We purchased the home on 4/26/2022 for $270,000, invested $40,000 in renovations, and sold it for $359,000 on 11/4/2022.

We are working on another form of communication with higher commissions.The FutureAll indications are showing that it will get worse before it will get better - sales inventory is still high, rental inventory is very high, more and more new construction apartment buildings are nearing and/or have been completed (at least 10 in Cape Coral that have hundreds of units are still being built), displaced homeowners are returning to their homes, and a host of other concerns.We have gone through years of rapid rent growth and a lack of inventory.

people get great joy talking doom and gloom and Armageddon.I’ve been in the RE biz since 1978 and been thru several economic and market cycles.Stagflation in the 70s, 17% home loan rates in the early 1980s, the failure of 1/3 of American Savings and Loans in the early 1990s, the dot com boom the dot com bust, the subprime crisis in 2008, Covid………I’m probably forgetting a few.

We purchased the home on 02/18/2022 for $220,000, invested $1,500 in renovations and sold it for $245,000 on 11/10/2022.

We purchased the home on 12/6/2022 for $110,000 and sold it for $130,000 on the same day.