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I am looking at purchasing two 3-unit townhouses as a package deal. Each townhouse is $90,000 each, for a total of $180,000. I am going to get a separate mortgage note for each property.
I talked to a bank the other...
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I'm relatively new to the short term rental game. And I just purchased an off-the-market house from a motivated seller. It's a very large home on a large lot. It needs a lot of work but the main level has 2 bedrooms...
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Earlier this month I was able to successfully rezone a property I own from single family to duplex, which will be new construction. This is the first permitted new construction duplex in my city in decades (40 - 50 ye...
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Hi Everyone,
about a month ago, i signed a purchase agreement with a builder for a house to be built and completed by Feb/March 2018. The house will be located in Fredericksburg VA.
I put down $3000 when I signed. $3...
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We are in the process of searching for our first deal. (Looking for SFH or duplex for under $100k, with under $30k in rehab needs)
We plan to take out a HELOC for the down payment and initial rehab costs. Would love ...
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The last time I wrote about deeds I discussed the different forms of deeds, such as Quit-Claim Deeds, Security Deeds and Warranty Deeds. Look for “Doing the Deed” elsewhere in BP. This time I’m going to discuss sever...
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Does anyone know the rules on taking out a loan as a vacation home vs an investment property? If youre going to rent it out but also use it? Is there a time frame you must spend there per year to have it be consider...
I've seen multiple debates surrounding Dodd Frank and am feeling very lost. Some passionately feel investors should back away, while others feel there are still creative solutions for desperate home owners. Looki...
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Hello,
My friend is looking to buy property and I told him I'd ask for him. How difficult is it to re-finance at the end of a hard money loan(interest only, 6 months)? He might be paying 34 to 50% cash, the rest a lo...
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I am renting a unit and have had a series of would be tenants with large dogs. One had a 50 lb lab, the other a 60 lb German Shepherd. They both asked why I limit dogs to 20 lbs only, and pretty much asked what c...