If you have access to a HELOC on your house it would be a great way to be ready to write a check, under market value, before they start marketing it through a realtor.I live in a little bit more upscale neighborhood, but if there was a market for rentals in that price range I would buy every house in the neighborhood when it came available.

The HOA has no restrictions on rentals, I work for the builder building the units so I have access to the CCR's.

Hello,I'm gearing towards making my first deal for buy and hold and I have come up with two different approaches to make this happen in my market, Los Angeles area.Scenario 1) Buying a fourplex with a 203k Loan locking in today's low interest ratesScenario 2) Buying a fourplex using a private money lender, rehabbing it and refinance using an FHA loanA couple things to consider are low money down available, access to contractors at good prices and time availability to use this BRRRR approach.What are your thoughts on this?

It'd be helpful to get about 1,500 square feet or so.  2) I want a right of first refusal so I can buy it (I have a family); 3) I want to buy it from a wholesaler; 4) I want to partner with someone who knows how to flip houses; 5) I want to smartly finance it; I have access to FHA loans including a 203k loan; also willing to use hard money as an intermediate solution too, particularly with a partner who is skilled in the art (I'm in the process of getting pre-approved for a mortgage so I can set an exit number and then work backward into this flip deal); 6) I would expect to split the profit 50/50 with the partner (and if the flip goes so well that my family and I get priced out of it, perfect:  Then the house will be sold and I'll get 50% of the profit).  

Morning, we have a top floor condo in the loop that has roof rights and we want to create access(stairs of some sort) to a roof top room that we want to add.  

Realtor here in the Orlando area, I have access to tons of real estate deals.

We also manage and concur with Lee; we constantly see out of state or out of country investors who have been sold something less than expected and often end up in a bad spot.

Is there a requirement for MFU to utilize public water and sewer and does said land have access to these?

Finally, you're extremely sophisticated Jay so you might prefer a LOC to access the equity instead of the outright refi...gives you more flexibility.  

I see that you are just down the road from me in VA, but I was unable to access Virginia's website this morning... perhaps their site is down at the moment?