Doug Scarano
Inherited beach condo with negative cash flow?
can anyone tell me of any benefit to have a rental vacation home that loses $10k per year?
PITI & HOA fees = $25k per yr
Rents = $22k per year
Less management commissions, upkeep, cleaning and...
Jewel B.
Estimating Rehab Costs by J Scott: 2023
Happy Tuesday everyone,I've just started reading "Estimating Rehab Costs" by J Scott (and will then also read his book on flipping) and I see it's a revised edition from 2019, which is obviously pre-Covid and therefor...
Kwame Knights
House hacking Tax write off
i'm under contract for a Single family (1600 SQ FT) and it has a existing detached two car garage (800 sq ft) that i'm planning on converting into a in-law unit/rental unit. I'm think of using a 203k loan to rehab bot...
Tom Wilson
U.S. Household Debt Reaches New Record as Some Delinquency Rates.
You can spin the increasing debt as "consumer confidence," alongside manipulated statistics such as "lowest unemployment rate" (look around you, do you really think we don't have an employment problem when all the hea...
Hira Bakhsh
How to raise money for renovation only for a flip property?
Hi Folks,I recently closed on a flip property in San Francisco as a conventional loan. Now looking for renovation loans for rehab. Any suggestions on how to raise money/get loans for rehab only would be greatly helpful.
Carmelita Sritragool
FHA One-time Construction Loan Lender in Dallas, Texas
I currently have a property that is on a FHA loan that I have had for 3 years and now servicing as an airbnb that has ~140K in equity. There is now a new plot of land that is available right next door. I am hoping use...
Jose Quintana
FHA 203k loan.
Hello everyone.
I'm looking for information about FHA 203k loans and what are the steps I should take in dealing with a contractor. Should I have a checklist of things I would like them to check or can I tell them wha...
Sara Shier
North Hill, Akron Ohio Fix and Flip
Investment Info:
Single-family residence fix & flip investment in Akron.
Purchase price: $52,500
Cash invested: $6,000
Sale price: $95,000
My husband and I purchased this home in North Hill o...
Joseph Cornwell
My first SFR lease option, a no money BRRRR!!!
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $55,000
Cash invested: $35,000
My first lease option, single family rental. I have an employee of mine who could no...
Allen Mack
looking for additional funding
Advice needed!! So purchased a 4 plex for very little money ($20K). The building needed major renovations, complete rehab top to bottom. When I purchased the property labor and materials were significantly lower in e...