Griffin Goudreau
Best Investment Strategy for First Purchase (High Priced Markets)
Hello,
In a high-priced market (i.e. San Diego) with $100K to invest, which investment strategy (fix/flip, hack, buy an hold) and what property type would be best for a first-time property investment. Obviously "it ...
John Kwon
Thoughts on opportunity zone investment - cash vs. loan
Hi,I found a property in a opportunity zone area for $130K which I am planning offer $100K. Also, I am planning to spend about $40K for rehab. ARV is about $190K and rental is about $1800 to 1950. This is a 3 BD, 1 Ba...
Mike Crouse
How to determine apartment values
I feel like I can accurately evaluate BRRRR or flip projects. How do you accurately value an apartment complex. I'm looking at a 34 unit in OKC with a cap rate of 8%. asking price is 1.8,000,000. Evenly split betw...
Tyler Dunlap
Possible second and third deal, heres my plan, please analyze
So I currently own one SFH which is rented. Heres my plan for the second/potential third:I have the opportunity to buy a SFH (currently rented) for $105k that has been appraised at $120k. I want to take out a hard m...
Steve Buchanan
Can I pay off line of credit in 1031 exchange?
I have a property that is held in a LLC that I'd like to do improvements on. I also have an unsecured business line of credit for the LLC/business. If I use the line of credit to make improvements and then decide to s...
William Coet
Is HELOC Interest NotTax Deductble If Used To Purchase Property?
Hello,When using a HELOC to purchase another property is the interest not tax-deductible? I read that the interest is only tax deductible when used for improvments to the property used for the HELOC.We are trying to ...
Bennett Wilbert
Saving up for a House Hack: One Year Out
Hello everybody,So I am about to enter my last year of college at Rowan University in New Jersey. I have been lucky to have help from my parents to get through college so I will be graduating pretty much debt-free. I ...
Brad Roche
FHA 203(k) vs. Fannie Mae Homestyle Renovation Loan
Fannie Mae Homestyle Renovation Loan vs. FHA 203(k)
The FHA 203(k) is the most widely known renovation loan, but did you know about the Fannie Mae Homestyle Loan?
Here's how they break down:
Fannie Mae Homestyle
M...
Ryan Thomson
How to Negotiate and Use Seller Concessions
Concessions are a great way to make buying a home less expensive. There are a couple of ways you can use concessions and a couple of ways to get the seller to offer them. Here is an overview of concessions.
If you ...
Freddie Walker
Property Improvement, Renovation, and Remodeling Advice
These articles are from the June, 2016 Consumers Reports magazine. Thought they might be helpful.http://www.consumerreports.org/home-improvement/home-renovation-without-aggravation/http://www.consumerreports.org/home-...