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In the process of applying for FHA loans and came across the 203k product. (House needs some rehab that I’d like to roll into my mortgage instead of being out of pocket). I was quoted an interest rate for the FHA loan...
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Plan on buying my first property a 1-4 unit (FHA Rules) and occupying one of the units my self,(again fha rules for one year) but do plan on using the brrrr method to finally get my start. Now obviously FHA due to the...
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Investment Info:
Small multi-family (2-4 units) fix & flip investment in Staten Island.
Purchase price: $265,000
Cash invested: $180,000
Sale price: $615,000
First flip my father and I did. A...
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Hi all, I'm looking to get into my first investment property and have ran the numbers on what I think is a great opportunity. I have 2 questions, see the details on the deal below:1. Does my math check out? Am I missi...
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Hi all,I'm getting ready to purchase my first house and would love a sanity check and any advice you all may have.Background
I'm currently living in a rented room costing me $400/moI have some extra cash which I'd li...
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I was told: don't buy anything older than 1970, nothing with wood exterior, no small houses, nothing that needs major renovation like added or converted rooms because it takes too long and lowers your ROI, nothing wit...
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I love sharing success stories of Denver House Hacker’s crushing it! This post is to highlight Vasily Rossokhin first house hack purchased in September of 2020.
Investment Goals: Vasily had his mind set on building l...
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I'm still a newb, sigh ... I'm trying to insure a mobile home we're rehabbing and will be ready to rent out in about a month, and my insurance lady is telling me that insurance for it will be $300/ yr for $30K in cove...
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Hi all,We renovated our south Austin house after evicting a tenant 3 years ago in 2022. Then we experimented doing AirBnb for 1.5 years. Due to high interest rate and almost $10k of property tax, we negative cash flow...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $116,500
Cash invested: $15,000
This is a house-hack deal. Bought a duplex and renovated both sides. I live ...