Good morning, Finally decided to pull the trigger and find me a home. At the cost of renting, buying is almost the same price. Went through The FHA loan conditions (stressful), and finally was able to close. If you...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $307,000
Cash invested: $118,000
Purchased in January 2021, we successfully renovated this home to create a premier...
I just purchased my first rental. It's a single family home in the Dallas area. It doesn't need much work, but I have to replace most of the flooring and paint. I plan to replace the carpet in the bedrooms, but I want...
Super Jumbo mortgage loans and lenders can vary widely in their rates and qualifications. One observation in working with higher loan amount borrowers and lenders recently is that rates can often be LOWER than convent...
Everyone has heard something along the line of less than 6 months inventory is a sellers market and more than 6 months is a buyers market. My question is has this changed?
This made sense historically, but as the res...
Would you buy a condo as a rental investment in an area you really like (close to home), where there’s high prices per square foot, expensive HOA and high taxes but the rent is also high, expecting to get around 8% ca...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $307,000
Cash invested: $118,000
Purchased in January 2021, we successfully renovated the interior and exterior of ...
Currently have a 3-flat in Roscoe Village under contract that we’re looking to convert to a single-family home. Architect said average for this kind of job would be around 450k. We’ve budgeted a safe amount for the pr...
Has anyone here successfully adjusted their strategy to focus on finding deals that don’t follow the traditional ARV formula? and the entire conventional wisdom of the 70% are there any people who don't really use it ...
Residence to Rental - Rent next place?
I’d like to turn my primary residence - $225k townhouse (3 bed 2.5 bath) - into a rental and then go on and rent a $2500/month luxury townhouse.
I’ve owned my current town hom...