7 December 2017 | 1 reply
I am simply looking for general advice and feedback on experiences with this type of transaction.My situation is as follows.Purchased a SFH in May 2016 for $96,500 with an FHA loan for my primary residence.In Summer of 2018 I am looking to refinance to a conventional loan because I believe I will be at 20% equity at this point, if not I will wait a bit longer.I would like to maintain ownership of this home and rent at a rate of $1000/month.For my next property I would like to purchase a home that qualifies for 203k financing.
3 December 2017 | 2 replies
I was wondering if anyone might be able to share their individual experience regarding this type of loan option?
5 December 2017 | 5 replies
Just make sure you go down and do a title search to make sure you're not saddled with a tax lien, a second mortgage, or some other type of lien on the property you buy.
6 December 2017 | 7 replies
What type of property are you looking to purchase (single family, small multifamily 1-4 units or something larger)?
4 December 2017 | 1 reply
Unable to obtain bank financing due to the property type (older single wide mobile home on acreage), the seller agreed to take back a note for the buyer.Sale Price $120,000Down Payment $ 7,000Original Balance $ 113,000Terms: 9.5% interest, $987.28 per month, 300 month termThe sellers, being of retirement age, wanted something more than monthly payments.
5 December 2017 | 6 replies
Depends on what type of property you are looking at.
4 December 2017 | 1 reply
Does the type of sale, whether, short sale, foreclosure, owner owned, depict if the price of the property can be negotiated?
4 December 2017 | 1 reply
Which product type will generate you the most return on your investment.
6 December 2017 | 7 replies
Does anyone have any experience with this type of thing?
12 March 2018 | 1 reply
As a Residential Real Estate Agent, I am curious - where do/did you prefer to start your investment journey and why?Single-Family Homes? Flip vs. Buy-and-Hold (Rental)Multi-Family Units? Owner-Occupied vs. Renter-Occu...