Hello all, I am currently in the process of purchasing my first eve multi-family home. I have been approved for financing with an FHA loan but my banker made the point that FHA is ONLY allowed for 2-unit homes. This h...
Is there anyone here in the oklahoma city area that has used an Fha 203k loan? I am looking to purchase a small multi family here in the near future to house hack and I want to use the fha 203k program.. I would real...
We have a 3000 sq ft lot. Total allowable lot coverage is 40%. We have created the blueprints for a tiny side by side duplex at exactly 40%. The city sent permit app back because the driveway ribbons were 2.25ft by 1...
Hello. I just bought a house in Cincinnati Ohio 2 bed 1 bath as a primary. It sounds some work and I got a good deal so I may do a cash out re-finance after the updates or HELOC. Not sure yet. I work full time as a Re...
Good evening,I went down to the appraisal office and got the tax roll. I'm going through a ton of properties and I keep finding multiple duplexes on the same property. I'm in a rural area, so things are probably done ...
Any insurance companies out there who insure older apartment buildings (HOA insurance) at a reasonable price? I'm hearing alot of companies are stopping to insure older apartment buildings and wondering which companie...
Need some advice on a scenario I am working on. If I purchased my first home for 5% down - 275k @ 2.4% for example sake... what happens if in year 2 of my five year fixed mortgage I am looking to move to a new princip...
Colleagues!In a hot British Columbia market in the Fraser Valley of beautiful BC - what filters/rule of thumb should we consider when consider purchasing four older homes (tear down and build a good size 4-6 story apa...
I have a 21 unit MHP under contract in an area of Georgia that is in HIGH demand for contract labor right now and I am considering adding RV lots to tap into this crowd. There’s almost no vacancy in the surrounding pa...
We're renting a property because it's in a hard to sell area. An acquaintance has expressed an interest. He initially stated that he and his wife could only afford between $650 -$700.00 a month.I wanted to charge $700...