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23 December 2018 | 10 replies
My father is considering a HELoC to fund my real estate investment What would be his pay structure?
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14 February 2019 | 7 replies
There's plenty of demand for houses $500k and below in town and not enough supply.
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28 February 2019 | 10 replies
Each event focuses on a different topic matter, from House-Hacking 101, the search & purchase process, property management, financing, risk mitigation, the structural & mechanical components of a property broken down, and more.
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16 January 2019 | 3 replies
., Structural Eng, Electrical Eng., Geo Eng.
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29 December 2018 | 10 replies
The FHA says that examples of such problems include but are not limited to the following: Missing handrailsCracked or damaged exit doors that are otherwise operableCracked window glassDefective paint surfaces in homes constructed post-1978 (because of lead paint hazards)Minor plumbing leaks (such as dripping faucets)Defective floor finishes or coverings (worn through the finish, badly soiled carpeting)Evidence of previous (non-active) wood-destroying insect/organism damage where there is no evidence of unrepaired structural damageRotten or worn-out counter topsDamaged plaster, sheetrock or other wall and ceiling materials in homes constructed post-1978Poor workmanshipTrip hazards (cracked or partially heaving sidewalks, poorly installed carpeting)Crawl spaces with debris and trashLack of an all-weather driveway surface=================There are many areas, however, where the FHA does require problems to be remedied in order for the sale to close.Electrical and Heating The electrical box should not have any frayed or exposed wires.All habitable rooms must have a functioning heat source (except in a few select cities with mild winters).Roofs and Attics The roofing must keep moisture out.The roofing must be expected to last for at least two more years.The appraiser must inspect the attic for evidence of possible roof problems.The roof cannot have more than three layers of roofing.If the inspection reveals the need for roof repairs and the roof already has three or more layers of roofing, the FHA requires a new roof.Water HeatersThe water heater must meet local building codes and must convey with the property.Hazards and NuisancesA number of conditions fall under this category.
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2 January 2019 | 13 replies
(its in a midwest (basically forget appreciation), not sure if its relevant) Foundation is ok and structurally okPrice 60K seller carry 50K, I have to come up with 10K cash to put down, three units out of four occupied, rents 2K...
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26 December 2018 | 3 replies
However, like you mentioned, affordable housing is in short supply, so I would expect them to move in that direction.
27 December 2018 | 9 replies
It does not cover all types of liability or most landlord-tenant issues--that’s where a proper asset protection structure comes in.Integrity is also great, and is certainly an element of how you do your part to keep your asset protection plan effective.
26 December 2018 | 10 replies
You have not mentioned if there are existing structures on the land, the topography of the land, any road widenings, utilities to the site, zoning approved for commercial already, etc.There are TONS of metrics that go into it.
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26 December 2018 | 5 replies
@Brett Mountain, It depends on how ownership structure is set up.