As a new investor, I feel like the FHA/203k is the way to go for a possible multifamily house hack. I'm wondering if there is anything to stray away from or maybe tips/tricks? And when it comes to renovations do they ...
Has anyone ever taken extended time off (2-3 months) from their regular job to focus on their real estate venture? I'm interested in purchasing a multi family, that will require a good amount of work. After the purcha...
I am beginning to wholesale in my area and I am unsure on something I thought about concerning the assignment of a contract. Here's an example I was thinking about:1. Wholesaler finds property with an ARV of $140k2. E...
For those landlords who take security deposits in City of Chicago, is a separate business bank account sufficient for the security deposit or do I still need to set up the special landlord account that requires all W-...
I am self-employed and really struggling with traditional lending. My husband and I have saved money up, paid off the credit card debt and raised our credit scores to excellent , all to start the goal that we have of ...
I've purchased a few owner-occupied properties in Washington, buying houses and fixing them while living in them before moving on to the next. Over 12 years, we've managed to save a bit. I worked for a nearly century-...
Hello everyone - wanted some help fleshing out my thoughts on this deal analysis for a fourplex in Utah. I'd be owner occupying one of the four units and using an FHA 3.5% down loan. Also, I may have the option to get...
I have bought several investment properties that are rented or have been sold. i came across an REO that i would like to purchase as a primary residence. The funding source i use does not do primary residence funding....
My wife and I had built up substantial Roth IRA accounts before our income excluded us from making further contributions. Those accounts have performed well over the years, but are susceptible to the usual ups and do...
We listed a property at 137K. After we had the final city inspections it was determined that we needed to build a new garage because our fixes were not sufficient. So we let buyers know a brand new garage is being con...