My wife and I bought our home a little over a year ago and due to me being in the military, we are moving. We decided to rent out our home as the market doesn’t indicate a profit if we sell. Our plan is to rent it out...
House I want:
I’m in Southern California buying a 3B/2ba SFH across the street from me. It has been unoccupied for decades and needs a lot of work. At 1400sq ft I’m budgeting 100-150k for remodeling. It has a huge l...
Hello,Has anyone dealt with the Fannie Mae Homestyle revocation mortgage? if so could you provide more information on the loan? Also how does it contrast from a traditional 203K loan? How was the overall experience us...
As the title says quite new to the world of real estate. I’ll try to keep it short and too the point. I would like to purchase a home from a family member in the next 6 - 8 weeks. Home hasn’t been appra...
I know that every deal is different and that the answer is “it depends” but whats a realistic level of funds to have before committing to the process? The plan is to buy a single family home and focus on cash flow. I ...
Currently in the market for about 6 months for a small multi-family 3-4 units, I’m pre-approved, and inventory is low. Since covid my loan officer has informed me that FHA now requires 12 months reserves for a 3-4 uni...
If you were 23, had 1 duplex that you owed $115,900 to the bank for the mortgage, and a single family home that you owned free and clear that's worth around 160-170k and $100,000 liquid cash in my bank account, what w...
Hello everyone,
I'm interested in buying a home to live in that I see on auction.com. I have tried looking on the market but nothing really suits me ...but this property is exactly what I am looking for.I do und...
Hello all, I’ve got this idea stuck in my head that might sound crazy, but just might work.So currently I have zero debt, rent an apartment for $435/mo, car insurance/gas and groceries, and other little miscellaneous ...
Since buying a home is so $ intensive, my question is how much did you have in the bank after buying your 1st investment property? Seems it would be difficult to pull off with a down payment, closing costs, rehab, etc...