6 April 2015 | 2 replies
this would be my first deal and i am not sure if its even worth looking at.listing price is 795,000 (i would offer lower) which is comparable to sfh in the same area.first unit rents at 2400 1b/1bsecond unit rents at 1800 1b/1bthird unit is not permitted and currently rents at 800(this would be my residence in a house hack situation)property tax is 3300 a yearthis is a older house that has been maintained(new roof/siding/kitchens)with little experience i would say this is a b+ a- house in a B B+ neighborhoodproperty is in downtown Napa which gets a lot of tourist activity vacation rentals go for 300 per night averagefinancing is through a partnership passive investor using 200,000 down to get tradition financing title will be in my nameit must be noted this is the first house i have seen with any cash flow. listing prices are high, stock is low and people buy for appreciationthis house is nowhere near the 50% or 2% rules am i crazy for looking at itthanks in advance and let me know if i need to give more infoCasey
6 April 2015 | 0 replies
Hi all,I am new to this whole area of RE and am learning so much in the last few weeks about tax liens/deeds and wholesaling. These are the areas I would really love to learn on and am going through websites, this for...
7 February 2019 | 7 replies
It is my understanding that you can purchase a 2-4 unit property utilizing your VA loan but you must make one of the units your personal residence.
7 April 2015 | 1 reply
I currently have a primary residence with a USDA mortgage on it.
7 April 2015 | 4 replies
Hello,I am looking at purchasing my first primary residence.
12 April 2015 | 10 replies
Its 1 Bed/1Bath Condo for $159K that will rent for $1600 a month easy.We're in the process of closing on two other deals, one of which is my going to be my personal residence.
14 April 2015 | 5 replies
The regulations do not apply to:-primary residences-individual room rentals (less than the entire dwelling).
8 April 2015 | 16 replies
., all violate lenders due-on-sale- Since it is no longer their primary residence, Dodd-Frank compliance issues may applyThe answer is quite simple.
8 May 2015 | 3 replies
This building will be a two-story home-office, lower commercial for us, upper single family loft to reside in.
15 July 2015 | 9 replies
I have just recently branched out into flips and the funds came from home equity credit lines on our primary residence and on some rental properties.