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I currently live in Falls Church, Virginia (Fairfax County) and am thinking about converting my basement into an apartment and renting it out. I think there may be Fairfax county rules against this, but I am wondering...
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I'm having trouble valuing a multi unit property for sale in my area. It is a homepath property and cashflows better than anything else in the area. I plan on occupying one unit for a year then moving out to purc...
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I've read a lot of the discussions about this topic, and still feel the need to know the following. Cut and Dry.Do I need ACV or RCV?Do I have coverage up to my loan amount or up to my ARV?Do I need builders risk AND ...
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My wife and I are just getting started. We want to purchase our first Rental/investment property. However because the properties are so high we find ourselves wondering if we should wait for the market to change befor...
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Hello, everyone, I am currently a graduate student in the St. Louis area and am looking to start my real estate investment journey. My current income is sufficient enough to cover my living expenses, live comfortably,...
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I just got my first property under contract, which is in the Louisville, KY area. I'm using FHA to buy the property which is a 4-plex(or so I thought) on Southern Pkwy near Churchill Downs. I ran the numbers, and the ...
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My wife (a realtor) has a client that is a VA buyer. They have a home under contract for purchase and chose to do a VA inspection only in lieu doing both a home inspection and a VA inspection, for cost savings and to...
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I recently got an offer accepted for a 2 unit property in Elgin, IL. Its a 5 bed 3 bath. The offer got accepted for $125k with 5k in credit from the seller at closing (essentially $120K) I'm trying to use a 203k str...