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5 July 2024 | 19 replies
@Lucas Schlund there are logically, 3 options:1) Buy Cash: PROS: You can get better prices on houses because you can close faster with motivated sellers and buy houses that need repairs to qualify for a mortgage (less buyer competition)CONS: takes the longest to save the funds2) Use Rehab Loan:PROS: Same as #1CONS: more expensive loans:---FHA 203(k): not that expensive, but must live in the property for 12 months before renting---DSR Rehab loan: relatively expensive and may need experience to qualify3) Mortgage on Property with Cosmetic Repairs:PROS: easiest & cheapest to doCONS: lots of competition, so can be hard to find a "deal"PM us if you'd like to discuss these in more detail.
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1 July 2024 | 6 replies
Let me know if this exists in one platform.
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2 July 2024 | 24 replies
Lake County is coming down in price with interest rates rising - especially existing builds (not new builds).
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2 July 2024 | 8 replies
House was severely fire damaged and subsequently deemed uninhabitable and demo'd by the city along with the solar panels.
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4 July 2024 | 1 reply
I am evaluating this property as a potential house hack.
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1 July 2024 | 2 replies
@Guillermo Kennedy, it's certainly possible to use the existing LLC as a joint venture entity; the legally binding agreement here would be amending the existing operating agreement and updating the current cap table to reflect the new members of the joint venture.
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4 July 2024 | 7 replies
I have been saving since I was 14 years old, and I am on Track to buy my first Duplex (house hack) while still being a senior in high school with my Parents cosign, I turn 18 In a few months.
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4 July 2024 | 12 replies
$250K Reno cost seems very high unless it is a big house over 3000 sq ft.
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30 June 2024 | 5 replies
Hello everyone. I am purchasing a 4plex tomorrow and will be moving into one of the units. Every unit is currently occupied so I have chose the unit I want to move into and need to give a notice to vacate. They are cu...
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4 July 2024 | 11 replies
We both attended University of Central Florida and lived in a house that my parents bought for my sister and I while we got through college, and the idea of student rentals intrigued us.