Considering a duplex as a primary and rent out other unit. How do interest rates play in this scenario? It would be a primary home but will I have to pay higher rates because it’s a duplex?

Looking to balance Keeping It Simple and being on top of things.For years, we used Ally.

The one item I am not clear on is the 50% contingency on top of the contractor bids.

But I also have questions to see if anyone thinks this is a solid deal and what they expect to see as appreciation with these manufactured homes on land not in a park.

All depends on state and when that was recorded as if it was in foreclosure it was probably a judgment on recordDid you not review title or information before buying this at auction?

When have you tested your PMC’s processes- Click on whatever links you find on their ads to schedule a showing and start an application to see what happens!

Exciting news: RentRedi, one of our valued Pro Partners, has earned a spot on the 2024 Inc. 5000 list.

It also depends on the extent of the foundation damage and repairs, I have done minimal slab crack repairs on flips and disclosed to buyers, without any issues, and I have also done more extensive slab repairs with plans, permits and inspections, and also disclosed to buyers, without any issues. 

I am planning to use this business (SMLLC)  to build the houses on my lots.

If you have any feedbacks on whether having brick and mortor bank is necessary would also be appreciated.thanks