I have the opportunity to get a property under contract for $5,000 or less.

If I live in the property for a year, can I use the same program to purchase and occupy another multi or, can you only have one of these types of mortgages open at a time?

You get the cashflow without the headaches of repairs, tenants and property management.

I had the listing on Avail (which I use as a rental manager, and posts to many other popular rental sites), Zillow, and Facebook Marketplace.I already have a Section 8 tenant at Property #1 (which I acquired during the purchase), so I'm not opposed to the program at all, and to be honest, they pay above market rent in my area, so that worked for me.

pid=2114Houston Real Estate Highlights in August, 2024:• Single-family home sales declined 8.3 percent year-over-year• Days on Market (DOM) for single-family homes went from 43 to 47 days• Total property sales were down 11.2 percent with 8,730 units sold• Total dollar volume declined 8.8 percent to $3.5 billion• The single-family median price was down 0.3 percent to $336,940• The single-family average price rose 0.9 percent to $421,912• Single-family home months of inventory registered a 4.5-months supply, up from 3.2 months last August• Townhome/condominium sales continued to decline, falling 16.7 percent, with the median price statistically flat at $226,000 and the average price declined 1.2 percent to $258,952.

Or should we stay away from such properties?

I am a Veteran with DD214s. 816 and 813 scores.Can VA construction loans be used for Container Home Properties?

Hey Nicholas,My wife is a licensed real estate agent and my MIL has owned and managed real estate companies for most of her career.

The property already came furnished, but we had to replace most of the furniture because it was very cheaply done, Plus, it had no theme and we really wanted to make it a special themed airbnb.

We purchased the property for $52,000 on 06/14/2024 and sold it for $74,900 the same day.