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Always working to learn here and currently learning about all the ways to finance a down payment and one of the lists we had read mentioned using a repair allowance. You inspect the property and determine what need t...
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Happy Weekend everyone,How do all you DIYers and handy folk and husbands learn how to do all this stuff? I've taken some basic classes in a variety of things just aimed at homeowners doing some repairs and home projec...
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I’ve trying to bring eviction proceedings to take possession of a unit for my own personal use. The tenant has created a heath and safety hazard due to a child repeated waking at 4 am and plugging the bathroom sink a...
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Hi,
I'm new to Philadelphia investing and have a few questions before I submit an offer. I hope someone with experience can help.
The property is a 3-bedroom, 1-bathroom house according to public records, but the cu...
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I have an offer in on a duplex in an up and coming part of the city. The house needs work and is being sold "as is" The plan is to live in one unit and rent the other one out. At the prevailing rate, provided the cost...
I'm at the point in investment portfolio where excel spreadsheets just don't cut it. I currently have 26 units and will be acquiring 22 more within the next few months. I"m sure this topic has been discussed befor...
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Hi, are there specific requirements as far as the 203k loan renovation is concerned? For example, if you purchase a 4 unit property, do all units need to be renovated with the loan? Or am I able to renovate 1 or 2 now...
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Can someone please let me know the mechanics of the recording process on an owner-financed deal?We write up a deed and execute the sale. The deed gets recorded at the county level in NJ. Let's assume there is no CO ob...
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I am using the BRRRR strategy on small and large MFH. I am needing to efficiently and accurately get repair costs as deals come across for consideration. Any advice on either when in the process or how to start contac...
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What are the next steps after both seller & buyer signed the purchase agreement? I've already emailed this doc to the bank loan officer to get the loan & the local inspector to get me an inspection report. I'm...