Investment Info:
Condo buy & hold investment.
Purchase price: $87,200
Cash invested: $38,135
$87.2k for a 1br/1ba, $1,400/month rent, $371/month cashflow. 25% down, 4.375% interest rate (no point...
Hi, I hope you’re well.I am looking to house hack a condo.Does anyone have any tips forExit strategies, for example: How to sell the property later on for a price higher than I bought it for?
Can Condo bylaws limit the # of children?We have rented a 2 BR condo to a single mother and her 3 children. Now the Condo board is telling us that we have exceeded the maximum # of children per unit. Is that even le...
Hi Everyone, we have paid advance for a 1 bed and den with 1 and half bath condo which is $590k. Half bath is in the living room. Our plan is to live there for an year or two and rent it out. If we pay $80k more we ca...
So there is word going around that the FHA is changing their UW guidelines for condos starting in October. Currently in order to get an FHA loan on a condo the whole association needs to be approved by FHA. The condo'...
Investment Info:
Other buy & hold investment in Louisville.
This is a 1 bedroom condo with a loft area that we use as for long term rentals.
What made you interested in investing in this type of...
Hi guys,What is the worst that can happen if you illegally add a bedroom in condo? e.g. what if the you don't get approval from the HOA first, the HOA prohibits addition of rooms, etc? What are the chances of any cons...
Looking at Properties on the California coast where prices for single-family homes rarely head below 350K and even condos start above 250K...it seems unwise to begin a career in real estate investing here.
Occasional...
Hello. I recently purchased a 1-bedroom condo which I rent out to a traveling nurse. I would like to continue to buy properties that are suitable for medium-term rentals but want to better understand which markets in ...
I'm looking to build on .44 acres in Wilmington NC. The idea is to build multifamily rentals to hold for the long term. The engineer I'm currently working with drew up a plan for five townhouses. Four townhouses are 1...