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I'm not totally clear on this concept. I'm already in a 15 year mortgage on my townhouse and would like to roll into a house hack. From what I understand, I could not use an FHA loan to go into a duplex since I alread...
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Community bank terms are 8.5% for 20y. Any other options? DSCR?
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Hey Team,I am looking at home for primary use that I believe I have a seller financing opportunity on. I'm thinking 30 year amortization with 5-10 year loan with balloon at end of term at 5% interest. My ask is if thi...
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I have a house that I bought 2 years ago from the county through a tax foreclosure sale. (Was a hoarder house) Has been vacant this whole time. I had the roof replaced right away and I gutted the majority of the inter...
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Key Points
-Duplex- FHA=3.5% down. Conventional= 15% down minimum
-3-4 Units- Must be FHA and pass the self-sufficiency test
-VA Loan- Zero down for 1-4 units!
Action
-Connect with an investor friendly lend...
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Hello BP Community. I wanted to get a consensus, I am relocating to Austin and selling my primary residence here in Orlando, FL ..... I am selling on a lease-option, but I'm curious how many of you would have sold ou...
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Does this work?Find a vacant house and contact owners.They've been kicked out by the bank under power of sale.I feel that the house is worth 150k as-is, 10k in updates (not big repairs) could make it fit into the 190k...
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My mother-in-law passed away not long ago. Her house, which is paid off, was left to her three children. My wife is the only one of the three siblings who is able to buy out the others if she so desires. My wife an...
I was doing some driving for dollars research and found a property in definite need of work. I brought the address home to find out the tax record mentions that it is a Life Estate.
Quick google search says
"A life ...
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I’ve recently come across a $169K fixer upper house in an area with a median price of $250+K houses, seems it needs a complete remodel from a 2bd, 1br; to a 2bd, 2br with a new kitchen, maybe new tiling in the ...