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4 April 2024 | 12 replies
All depends on contract, financing, etc.
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2 April 2024 | 5 replies
If you want the real deal on how your Section 8 applicant is going to be in your property stop by where they are living now and ask if they have a checklist for the inspection.
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3 April 2024 | 1 reply
Firstly, you'd want to make sure that once they do move here they have a place to live -- their own housing and personal finances comes first.
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2 April 2024 | 1 reply
Hey @Christian Hanus, LLC are passthrough entities for tax purposes (unless you elect to do c corp which is not applicable here) So you hiring yourself to do your own renovations really doesn't do anything material.
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3 April 2024 | 4 replies
Surprised to find out that my area qualifies for a USADA loan -- a lot of benefits it almost seems too good to be true. 100 % financing and in Turner's book he said that it was an option -- but unsure if you can rent other rooms in a single family house (didn't get the impression you couldnt in Turner's book) but the USADA site says you cant rent out a rooms under a USADA loan "right away" -- whats the legal rule?
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3 April 2024 | 0 replies
How did you finance this deal?
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1 April 2024 | 5 replies
I am very confused about whether it is best to pay cash (which I would not have to borrow) and then do delayed financing , get a DSCR loan, or something else.
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3 April 2024 | 10 replies
I intend to keep the property and recoup my entire investment + more.Here's a breakdown of the deal:Land Purchase: I secured the land for $200,000.Construction: The construction of this impressive 4-bd, 3-ba property spanning 1800 sq. ft. is estimated to cost around $600,000.Construction Financing: I've partnered with a lender, leveraging a construction loan disbursed in stages.
3 April 2024 | 16 replies
I’m looking to buy it as an owner occupied primary residence while living in another state but I am open to moving if it is required.Yeah, it's mortgage fraud to make false statements on a loan application or to leave out material information.
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3 April 2024 | 2 replies
I have a few deals I'm working to get seller financing on but will require a down payment.