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Hello,I might be buying a condo for personal living. I would use an FHA for this. Then I would still have enough for a down payment on a property in a cheaper market. How quick can someone get a second mortgage after ...
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Investment Info:
Single-family residence buy & hold investment in Shakopee.
Purchase price: $215,000
Cash invested: $65,000
This is a single family townhome. I bought it turnkey - with renter an...
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Hi all,I’m thinking of purchasing a 2 unit multifamily using an owner occupied loan. I understand that this requires me to stay in home for at least 1 year before renting. Two questions:1) I am currently working remot...
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I have been working with a realtor on purchasing a house from an elderly lady that has been sitting vacant for over 4 years. I made an offer of $210K to her based on my analysis of ARV ($325K based on Realtor's analy...
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Investment Info:
Single-family residence buy & hold investment in Grand Rapids.
Purchase price: $200,000
Cash invested: $10,000
6 Bed 2.5 bath Victorian home
What made you interested in ...
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Investment Info:
Single-family residence fix & flip investment in Gwynn Oak.
Purchase price: $60,000
Cash invested: $60,000
Sale price: $174,000
House was a total rehab.
What made y...
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Hello All,
This is my first post and I figured this is a worthy topic of conversation since I'm currently going through this with my brother. We're both currently renting in NYC and looking to invest. We are both loo...
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My brother and I are about to finish our first flip and are set to close in a month. Before we even made the deal we knew (or had fairly accurate estimates) the ARV, repair costs, loan costs, set a desired profit, clo...
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So my current situation is this. My current lease is up by the end of December. I'm currently staying with my mom and little sister.Now, I have about a month and a half before I move out. I was going to rent a 1 bedro...
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I am putting together the list of question to interview Builders for our home recently been burned down by fire, there are a lot of things we don't know & we are seeking for BP community opinions.There are few thi...