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Hey everybody, I'm wondering if there is any conventional mortgages that will lend on a property that needs work? I'm able to do 20% down no problem but don't want to be under the pressure of a hard money loan and oth...
I have a 4 arces of land I plan on spliting the lot. i can only have one house/ moblie home for 2 acres or more. I like to put a moblie home in 2 arces and the do the same with the other two acres and rent it out. i ...
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My wife and I are planning to get a second vehicle. We've been able to get by with one to save more money. We're planning to buy our first rental property asap and plan to manage it ourselves, at least to start. I've...
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Hi all, I looked at a rehab candidate yesterday, an old rowhouse in NE DC. I like the property and will make an offer but I am stumped about how to estimate widening the staircase to the basement. First to clari...
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im not quite sure how you define shell? im guessing you walk in the front door and see nothing but wall studs and floor joists. there are some properties where i work that are under 10k. they claim to be shells....
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Is there a nickname for living in a house for 2 years and then selling it. Then buying and living in it and rehabbing and then selling the house in 2 years. Is there a nickname for the strategy
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Hi. I don't own any homes and plan to buy my first real estate. I'm thinking the possibility of building a fourplex in the greater Atlanta area. At first, I thought about buying an old one, but the Atlanta market is c...
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Our W2 income is 150k+, will passive losses carry forward for future use when W2 income is lower?
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If I want to purchase a value add 4 unit MF, and want to get an acquisition/construction loan how will the bank appraise the property? Will the bank look at the pro forma rent roll and size the loan from that or the t...
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Hey everyone, I have a home fully paid off that I live in, as well as currently rent out to one person. If I converted my primary residence into an LLC and then rented to myself (i.e., I'd still live in the house), co...