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If I only have about a 25k line of credit will a hard money lender lend me money to do a rehab on a house with 200k arv and about a 50k rehab offered at 105k?I was under the impression that my rehab budget was limited...
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So if I am looking a legal 4-unit multi-family at a list price of $899,000, would I be able to find a lender who is willing to approve an FHA loan with 3.5% down?
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I recently completed my first out-of-state BRRRR. I purchased the property from a wholesaler, so I wasn't able to perform an inspection or sewer line scope prior to signing the contract. After closing I had a sewer ...
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Hi all, after a few life changes I'm looking to seriously begin investing. I've been reading and going to different investing events. My credit is on the low side and my savings are low as well. I'm taking the time no...
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I’m about to make an offer on a latge home with a large detached garage. Meeting with an architect, and the question came up on the renovation. I have the ability to convert the property to either four or five units....
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My wife and I inherited a 3 BR home in Lanham, MD due to the passing of my father-in-law and his wife this past April. I am in need of a contractor for basic work. We have a very very limited budget and we need a cont...
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As an investor, would you rather take on a project that is a full gut rehab with holes in the roof, water damage, unknowns, etc., but you could salvage some of the bones, or a new construction project on a vacant lot?...
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Many of the multifamily properties listed in Chicago (in the $400k-$600k price range) are built between 1890-1920. I noticed many of these foundations have settled, cracks in plaster, dips in the flooring, etc. If the...
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Hello everyone, I have been following BP and studying everything about RE for a couple months now. And I have been set on finding a 2-4 Unit somewhere in the Philadelphia to owner occupy since I am currently renting (...
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I have many rentals and have started really getting hurt with Venmo's limits on how much you can transfer out of venmo on a weekly basis.I can only transfer $19k per week to my bank. I have alot more than than coming ...