I have an investment opportunity where the owner/seller has a reverse mortgage on a property that needs rehabbing. The balance of mortgage is above what I would be willing to pay for the property in its current condi...
I am starting out in REI and part of my plan to get started is to use a HELOC on my personal property. When I first applied I estimated my home value at 390k which would give me a line of credit of 62k at an 80% loan ...
Hi,I wanted to know when you decided to stop doing the work yourself on your investment properties?I love building and fixing things. Initially, I enjoyed the work and the satisfaction of finishing a nice work. I know...
Hi everyone my name is Anthony!I am a new investor looking into the Jersey City/Hoboken area. I will be living there and am interested in purchasing a multifamily (primarily a duplex) rental property in the area to li...
HelloI am in new MF investment property. My offer was accepted and for 3 units MF (3floor- total 8Bed room) in CT (built in 1900) and closing target date is middle of march.I got home inspection report and major conce...
Dear All,I added two more rooms to current rental house. The remodeling was finished on November 2017 and Tenant moved in these two rooms on December 2017. Below is the list of items in the contract with constructor.C...
During slower months, sometimes you have a few days in between bookings and your cleaners can’t go until one or two days after checkout. Has anyone had any issues leaving their place unoccupied for one or two days aft...
These forums always have some different insights, and I have a rather complicated hypothetical scenario I'd like to run by everyone. This is a question about the benefits of annexation, vs. subdividing some land. This...
So.. On Friday I bought a Freddie Mac foreclosure condo. The bathroom had some water damage (was told my the listing agent the toilet had a leak) but didn't look too bad. The previous owner had installed laminate floo...
So, I know about the home path renovation loan 10% down for investors. Obviously this is limited to only certain properties. Are there other conventional financing options for financing properties that need repairs?...