Ned Lamont emphasized the role of homeownership in building wealth and community ties, with the average loan amount at $30,000 per household.Despite the program’s popularity, Sen.

I recognize that the CoC return is not as high as we'd like, but it does come with some built in equity (~$100,000)Details:- 3/2 Single family house (1487 sq ft) with a 1/1 ADU out back- Zipcode 78745- Purchase price: $469,900- Down payment: $50,000 plus CC (includes assignment fee)- Seller Finance $419,900 at 3.5% interest; 30 year amortization with a 15 year balloon- PITI $2744.02- Rental comps: $2667 for the 3/2; $1505 for the 1/1 - LTR according to BP (Total $4172)- Repairs needed - minimal, coat of paint and maybe swapping a window unit A/C for a mini split

Hey James,Welcome to the fix-and-flip world!

Bigger Pockets is a great place for education and networking and is full of great content.I recommend that you check out the following resources:1.

My wife and I are in the very early stages of real estate investing. 

Would lenders approve us for a loan for a house-hack even though I don't have 2 full years of income on tax returns?

The disparity is even more alarming in Worcester, where median income has grown by 19.7 percent, while mortgage payments have surged a staggering 82.9 percent.It’s no surprise that home prices in Worcester have risen, but I didn’t realize the jump was so dramatic.What I’m seeing on the ground is that many of the buyers for multifamily homes (multis) in Worcester are coming from the east—places like Greater Boston.

Hello all, I'm curious how much the HUD will actually pay compared to the 40th percentile rents posted on their site.I'm aware of the different amounts each tenant will cover in terms of their portion of the rent, but I'm not sure if the HUD will actually agree to my rent price.I've been taking the stated FMR for the bedroom count, and taking 20% off the number stated (to be conservative as to what the HUD will accept).

I fund that LLC to complete all the purchases and transactions related to the purchases. 

Think about a 16 year old wanting to borrow lots of money - all the questions you would have for a youngster (read - newbie)  a HML Is going to have about you!