Jake Benny
Turnkey Single Family Residence Companies
24 July 2024 | 7 replies
Jake,this list of 4 companies are a great starting point.
Peter ONeill
Flipsystem After 6 months
25 July 2024 | 3 replies
I have had great success with Flipsystem.
Josh Goertzen
Issues With Inspections
22 July 2024 | 14 replies
I quickly learned to ask my sellers to leave a few minor things for inspectors to find as it drives me crazy that most will nit-pick a house apart if it’s in great shape and they can’t find much to report.
Shiwei Qu
Ohio Market Still Good?
23 July 2024 | 51 replies
Columbus is definitely great location for appreciation.
Greg Rosen
Advice on house hacking 1-4 units with FHA loan in NYC/NJ
24 July 2024 | 7 replies
(and I have full time job so time is limited)Here’s a breakdown of my investment plan–I would greatly appreciate any guidance and recommendations on making this (or some version of this) happen.PropertyLocationAttributesB-level areas (A-D scale)Safe enough for my girlfriend to feel generally safe walking alone in the eveningWalkable neighborhood / close to transit (car ownership not necessary to live there)Area(s) of interest (not set in stone)Jersey City areaConditionB or C-level (A-D scale)Semi-distressed with potential for minor rehab upgrades ($35k max)DealbreakersFoundational issues / big required rehab due to FHA 203(k) max for streamlined versionSize2-4 units (higher the better)2-4br per unit preferredMax Budget (FHA loan limits)NYCSingle-Family Home: Up to $1,089,300 + 3.5%Duplex: Up to $1,394,775 + 3.5%Triplex: Up to $1,685,850 + 3.5%Quadplex: Up to $2,095,200 + 3.5%Hudson County, NJSingle-Family Home: Up to $1,149,825 + 3.5%Duplex: Up to $1,472,250 + 3.5%Triplex: Up to $1,779,525 + 3.5%Quadplex: Up to $2,211,600 + 3.5%TimelineTitle in-hand latest: Jan-Feb 2025Can potentially buy earlier if I sublet my current apartment in NYC as needed (lease expires Mar 1, 2023)Rehab: 30-45 days max of minor rehab/renoMove-in: on or before Mar 1, 2025 (hard deadline)FinancingLoan type: FHA or FHA Streamlined 203(k) for rehab <=$35kPossible conventional loan if I seek investment from family/friendsApproval statusGoal is to get pre-approved now in advance for credibilityMy statsEmployment: Full-time at large bankIncome: low-mid 6 figuresAssets: low-mid 6 figures (including 401(k))Credit score: 800DTI: 2.5% (student loan)Thank you in advance for your support.
Josh Akins
Is it possible to perform the whole process of wholesaling remotely?
24 July 2024 | 5 replies
It's been great for us because we no longer have to waste time going to appointments.Difficult?
Regan CdeBaca
New to Real Estate and Investing!
24 July 2024 | 4 replies
It's great to hear about your interest in real estate.
Vicki X.
Seek help with insurances in Cypress Texas (Houston Area)
25 July 2024 | 8 replies
Would greatly appreciate some advice, ideas or recommendations for agents!!