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2 July 2024 | 2 replies
Does anyone have a contractor in the Rochester Hills, MI area they have worked with and would recommend for a whole house re-do, house is very dated with good bones.
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8 July 2024 | 15 replies
The owner has simply outgrown the house and and has found another they would like to move into.
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6 July 2024 | 13 replies
Again we have 4 properties so it isn't all on one or two houses, but NOT AT ALL the experience they are selling.
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7 July 2024 | 11 replies
If you've saved enough, trying to house hack a local 2-family in your junior or senior year (maybe with a parent as a cosigner) would be ideal because you can learn landlording and experiment with your friends as tenants.
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5 July 2024 | 19 replies
@Lucas Schlund there are logically, 3 options:1) Buy Cash: PROS: You can get better prices on houses because you can close faster with motivated sellers and buy houses that need repairs to qualify for a mortgage (less buyer competition)CONS: takes the longest to save the funds2) Use Rehab Loan:PROS: Same as #1CONS: more expensive loans:---FHA 203(k): not that expensive, but must live in the property for 12 months before renting---DSR Rehab loan: relatively expensive and may need experience to qualify3) Mortgage on Property with Cosmetic Repairs:PROS: easiest & cheapest to doCONS: lots of competition, so can be hard to find a "deal"PM us if you'd like to discuss these in more detail.
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9 July 2024 | 29 replies
It’s my understanding it’s very hard to meet reps status working a w2Also I believe once you get above $150k basically you lose any benefits of reps status I think I will be able to qualify for the STR re status if I run the cost segregation when I purchase the house.
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5 July 2024 | 20 replies
My specialty in New Jersey is house hacking MFR and live in fix and flips and showing clients how to win with these models...
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4 July 2024 | 6 replies
BP Killers,Who here uses Quickbooks to track income/expenses specifically for resi flip projects?
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7 July 2024 | 5 replies
My channel is "Houses and Cars."
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7 July 2024 | 6 replies
Are they saying that he is now the owner of the house, or did BofA reconvey it to ReconTrust?