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1st I am looking for a general contractor. In the process of making an offer on a property.
Any other advise would be appreciated!!
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I am currently purchasing a property that has a Freddie Mac loan assumption available with 4.82% rate, 9 years remaining and 30 years amortization. The income and LTV can cover another 2nd loan as well. I am wondering...
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Single family 2 level home, separate electric meters, separate HVAC. However, to enter the upstairs unit one must access front door which opens into the downstairs living area. Can this area be walled off to create a...
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Hello everyone,
I put an offer in on a duplex using a 203k loan program and was curious if anybody has referrals for contractors that are familiar with the 203k loan program.
I have never used the 203k loan before...
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With this loan, do properties have to be "Turn Key" to qualify or can they be used on fixer uppers?
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Hi BP, I currently have a meeting scheduled with a Hard Money Lender that specializes in fix & flips. I have a list of their required items but what are some questions I should be asking them to ensure they are th...
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As some of you might have heard, that credit reports are no longer going to contain some negative information on the reports according to this this article "Credit Reports to Exclude Certain Negative Information, May ...
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Hi BP Community!
I'm new to real estate investing and hoping to start my journey by investing in and house hacking a duplex in Union county, NJ. I'm running the numbers with the help of my lender and leveraging all t...
I’m interested in creating a self-management model that cuts inefficiencies of normal property management services. I’ve spent a lot of money on mediocre service that provides marginal value. I know people say your pr...
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I purchased a triplex AS IS with a FHA 203K loan in July with the intention of house hacking it, then disaster hit.My numbers are the following:202,000 Purchase price.107,000 Construction budget (left).340,000 ARVLast...