I wondered that too, but I’m not sure.

You finish your home and push the arv slightly higher then originally estimated.

For one agreed upon price, the builder will buy the land, prepare the land, build the house, insure the project themselves, and then once finished, turn the house over to me once I've paid off the balance.The question for anyone out there with some experience doing this in MN, which builders offer the best value and are the most reliable?

@Alejandra RocaHey, kinda late to the thread on here.. but wondering if you used portfolio loans to start or stayed with conventional?

If you put stainless steel appliances, tiled floors in the bathroom and kitchens, finish the basement, and put granite in the kitchen and are in a half decent neighborhood, your units will rent a lot quicker.

On the other side of the coin we have been thinking of fix and flips but with no experience and a sort of apprehension to high interest loans and rehab costs, we wonder if this is even a good route for us.

I was wondering if there were similar rules to being able to originate a reverse mortgage.

If I ever get big, I would like to pass on my knowledge to others as I go on and that's what I think it's nice to be in a community.I'm going to be studying for the real estate licensure sooner after I finish summer semester. 

Hello BP Members,Currently I am looking to start wholesaling in the Sacramento, CA area and was wondering does anyone know what the investor discount is there?

So the owner may end up having improper restoration work done, doesn't smoke seal necessary areas properly, then when a renovation company comes in and finishes the work, come next hot summer season, the smell of smoke comes back). - If they look like they might consider selling, you have to start looking for restoration companies that also renovate who guarantee their work so you can figure out the cost.