2nd question...so even though you're not doing an initial purchase and trying to take out the equity in the property, does a dscr really make the most sense or does something like a heloc do better?  

Purchase price: $215,000 Cash invested: $75,000 Sale price: $410,000 Total and complete renovation!

Purchase price: $150,000 Cash invested: $75,000 Sale price: $332,500 Attention to detail was perfectly executed through out the entire home.

The buyer makes payments to the seller, who in turn continues making payments on the original loan.Structure: The new loan is typically for the full purchase price, minus any down payment.

The numbers they provided for Philly were an average purchase of 104k with a sale at 248k, with Montco at 225k purchase and 424k sale price. 

I'll probably update when it closes but I am curious of others' experiences in the meantime.Hi Michelle, Yes I purchased a property at Bennah Oaks too so happy to meet you and share our experiences.

Purchased a home in Oakland in late 2022 which had a non-permitted garage-converted detached ADU in the backyard.

I would contact different contractors online in the area and talk to them about your questions and concerns.

Hi ALL,Just reaching out to see if you can give me some insights on Charlotte Michigan, Small City close to Lansing MI (21 Mil), I'm researching a Multifamily building, My concern is that there is 9,000 plus populatio...

Purchase price: $150,000 Cash invested: $75,000 Sale price: $332,500 Don't miss this Freedman's cottage built in the Roaring Twenties.