First of all, glad to finally be a Pro member on BP. Looking to purchase a multi-family home (2-4 units) in central Florida using an FHA 203k loan to jump start my REI journey. I'm bracing myself for the rehab proces...
What are your guys’ thoughts on using a 203k loan for your first property?
Hi there, I'm trying to gain a better view of the entire 203k loan process to avoid surprises for major rehab purposes. Based on my research, this could represent a basic yet inexact roadmap of all the steps. Can you ...
In need of an Inspector for SFR.
19 Yr old interested in building a rental portfolio. I currently live in section 8 with my mother. Due to living in section 8 theirs income limits that we must follow. I was thinking buying a couple rentals under a (C...
Hello! After spending multiple months learning about real estate investing, I've finally decided to make the move and begin searching for my first property (multi-family house hack)! I'm looking into different financi...
Hi, I have a property under contract in florida for 6 units 400k at the moment, and recently found out that the place should really have a full gut and rehab for the most part. Its currently fully rented, but my handy...
I have 10 days for inspection.... I've got my inspection scheduled, getting a lockbox, copying keys....
What all do you do between acceptance and closing?
In August of 2013 I paid $7,680 for lead abatement. I am eligible for $4,500 lead tax credit through the state of Massachusetts. My question is, do I still claim the 7,680 as a deductible repair expense or do I ha...
Hi everyone,Newbie, first transaction, under 25k rental in Dayton OH, minor repairs needed.Property was built in 1915. I was told by the inspector that because of its age, I should assume it has lead paint.As the pro...