My parents currently owe $80k on their SFH, my fiance and I were wanting to purchase the home from them. The house is in need of repairs so we were going to apply for a Homestyle Renovation loan such as; Fannie Mae, 2...
Here is my issue. I have a renter who broke interior of the closet down( metal wiring)due to the excessive amount of clothes that she is putting on the wire racks. I fixed it once right when she moved in but now 4 mon...
Hey there,I'm still a total beginner in REI, and while I don't want to get stuck in analysis paralysis, I'd like to offer a step-by-step analysis of the first property I've looked at. I don't think I'm going to go ah...
Hi all, Just last week I closed and acquired my first rental. Its a 3 flat in Chicago, I will be moving in soon when the next lease is up, but since I've closed the water heater hasn't been starting back up occasional...
Now a days, information is everywhere, lots good, lots bad. Some things you find regarding REI are from failed investors, giving advice, that has been circulating for years. The market changes, the prices change, inte...
How are owners still returning the deposits within 3 weeks these days? Do you find it challenging? I'm in Sacramento and having a hard time scheduling work within that time period- some of these guys are booked months...
John Schaub talks about some ways he sources notes, including the following:---12. Major appliance, carpet salesman, etc.14. Home repair contractors15. Building supply16. Roofers17. Pool contractors18. The courthouse-...
Sorry for the newb question....
I have heard about this 203k loan that uses the same 3.5% DP as a FHA loan. I was just wondering if all of the other criteria is the same i.e. the credit score minimum. Also are ther...
I am reaching out to get connected with great contractors that understand the investor mentality for a rental unit. I finally closed my first house in Seattle and before renting the place out I would like to make the ...
Hey guys, I am getting ahead of myself a tad but have an inspection tomorrow on a house outside of Metro Detroit. I’ve picked a location between my work and my house for convenience and it’s by a hospital in the area....