Nick Moran
5% down vs. 20% down?
I am shopping for a duplex in Salt Lake City, as a first time purchase and house hack. My game plan has been to put 5% down with an FHA loan. However, I am having trouble finding any properties where the numbers work,...
Hans Restuccia
Would anyone care to share the contents of their BUSINESS PURPOSE AFFIDAVIT??
Here is some language from the one we are using:
2. The entire proceeds of this loan are to be used for a business purpose and not for personal use and the property will be rented for a period in excess of 12 months....
Rahul Gupta
Short term rental Hard Money Loans
Good Morning!
I was wondering if anyone here had successfully used a hard money loan to finance an STR? If so, is there someone you recommend that services Twin Cities, Minnesota?Also, please tell me if If there is a...
Anthony Cote
Older home buying opportunity
Hello,I'm in my late 20's and live in British Columbia, Canada, and for the past couple of weeks I have seriously been thinking of buying my first home. I only have about $60000 CAD in cash and the house I want is app...
Ty Man
1% Rule vs. Potential Growth
1% Rule seem hard to achieve (at least harder to find) in "hot" growth RE markets (i.e. Austin, Seattle, etc.) but easier in some RE markets (i.e. Ohio, Missouri). Would you rather do a buy & hold (holding period ...
Forrest H.
Partnership Structure and Incentives
Hello, I'm considering going into a real estate partnership with someone I've known for a while now. We're looking at purchasing homes in college towns, doing some renovations and adding rooms, and renting out rooms ...
Hannah Howe
Connecting to the Community - Introduction
Hi Everyone! My name is Hannah. My husband, David and I are very excited to learn and move forward with real estate investment. We were introduced to this kind of investment about a week and a half ago. Since then, w...
Marc Sudd
Washington SB 1110/5364 - Adding middle housing and easy subdivision
Hi all,I currently own a rental in a suburb of Seattle that is a ~1000 sqft home sitting on a 20k sqft lot. There is a small detached garage on the lot, but most of the lot is flat lawn, with a bit of the land classif...
Taylor Frank
Newbie from Salina, KS who drank the guru's kool-aid
I am completely new to the world of real estate and investing. I'd had interest for a while, but really had no direction or any idea where to get started, thinking I'd need a ton of capital upfront no matter what. If ...
Michael Smythies
Downtown Seattle Condo BRRRR
Investment Info:
Condo fix & flip investment in Seattle.
Purchase price: $440,000
Cash invested: $218,000
In May of 2022, I purchased an off-market 2 bed, 1.5 bath condo in the heart of Seattle f...