Hello All! My partner and I are currently looking at a property in MD and trying to calculate an accurate ARV based on our comps. There are 5 comparables; many of which were sold in the last 6 months As-is. There were...
So i finally feel confident enough to jump into the world of investment and this happens. I went to my local credit union to apply for a mortgage. i told him that this was going to be my primary residence and possibly...
Hi, there. I am a new home owner in an up and coming neighborhood near Denver, CO where there is a lot of gentrification occurring. I hope to one day rent my basement, so that I can pay off my house quickly and maybe ...
Hey Guys,I found 9 acres of Vacant land I want to purchase. I have contacted zoning and planning to see if I can do with the land what I want (good there). What other due diligence items should I look into before I pu...
Hello all, I'm in Roseburg Oregon on other business and was looking at neighborhoods etc. A broker mentioned Senate Bill 608.. it supposed to be a tenant protection bill, but it seems to be problematic to investors/...
Hey everyone,
I have a question about what happens if I intend to sell my very first home within 6 months. The thought was to use the low downpayment offered for home buyers, buy a rehab , fix and sell.
I know th...
Hi all. I've been lurking for a little bit and I still have so much to learn. So forgive the newbie question: must I work in the same city where I intend on purchasing a home using an FHA loan? I live (for the momen...
Is there a difference between a Vacation rental loan and a second home loan? My partner and I are trying to buy a Airbnb investment property. We also need the precious 10% Down payment. Can someone please help me figu...
Hi,
I want to get a 200K HELOC (pulled from my current owner occupied property) to use as down payment for a second primary house, which may be owner occupied primary or investment. I have 2 options:
1) Bank1: P...
I understand with an FHA loan you must live in the property for the first 12 months and move in within 60 days of closing before making it an investment property. I am trying to find an article or any information abou...