FHA lowers borrowers’ mortgage insurance premiumsWASHINGTON – Jan. 9, 2017 – Lower costs are coming for homebuyers seeking a Federal Housing Administration-insured (FHA) mortgage.FHA announced that it's cutting annual...
Hello, I'm looking to reduce my offer after the home inspection. How do I go about getting estimates for repairs when I'm not the owner of the house? I want to offer estimates proof to justify my reduced offers. Such...
If you are living in one of your multi-family units, and want to pay less than market rent, it will reduce your cash on cash return. Just wondering what others consider when deciding what to contribute to the propert...
I have a 1800 sq ft 6br/2bath house. It has 2 bedrooms on the 1st floor and 4 bedrooms on the second floor. They are all small/medium-sized rooms. 2 of them on the second floor don't have closets. I'm thinking about c...
Buying my first 3 family. I was wondering a few things 1) what you have done in the past to walk the line of renovating rental units to get a bit more rent/appeal to a better tenant while also watching the budget. - W...
For commercial multi-family deals where using local community bank, which requires 25% down. Is there a strategy to also combine with partial owner financing to reduce the amount of the 25% down payment to the bank?
Hi all, I am new to investing and very close to my first deal. I live in NY and I found a two family property asking price $529K each floor has two bedroom and one bathroom and a finished basement. each floor can be r...
What is the best way to reduce your personal taxable income? I am self employed and receive K1’s from a flipping business and rental properties as well as a W2 and K1 from my transportation business.
Any advice would...
And yes I'm aware of the 10-31 exchange, It's part of my plan. I've been reading and collecting guides and due diligence worksheets on apartment complex purchases. The biggest reason I'm considering doing it is that I...
I have commercial property that I currently owe $141,000 through a SBA-HEDCO loan at 4.25%. The tenant of this property is a brick and mortar retail business I own and the current market value of the property is app...