Brandon Sok
HELP: HUD 203k Rehab on Single Family Owner Occupancy - Advice??
HUD home built in 1900 in nice historic district of Ohio town. Listed at $70k then dropped to $63k. Contemplating a bid of $55k. ARV roughly estimated at $130k-$150k. Extensive repairs needed, estimated between $30...
Kennedy Williams
Looking to buy first multi-family
Hi,I am 24, currently live in the Dallas / Ft. Worth area, just recently graduated college about a year and a half ago and have been fortunate enough to land a job in my career field (accounting). Now that I have pret...
Pavan Sandhu
Every property in CA should have at least 1 ADU
Every SFR in CA should have at least 1 ADU. I'd even go as far as to say you are losing money every month by not having an ADU on your property. These new laws are only in effect till 2024. What's stopping you from ad...
Anja Brey
Renting to tenant in flood zone
Hi all, We are thinking of buying a 2 story victorian at the edge of a flood zone. The house will require us to get flood insurance as the owners. We want to rent out the ground studio unit to tenants and were wonderi...
Rachel Lyle Bridgers
Developing a Couple of Acres for Modular Multifamily Quadplexes
I am considering purchasing a couple of acres close to a cute downtown in SC. The land is wooded without any water, sewer, etc and in the county. Does anyone have experience with this? What all expenses do I need t...
Samir Patel
Deal Analysis for House Hacking
Hi,
I want to locate my first investment property that I plan on purchasing with an FHA loan and house hacking (living in one of the rooms and renting out the others) in Northern Virginia. Since there aren't many mul...
Collin Hays
Appraiser rape and pillage in the Smokies
So my bank is needing an "updated" appraisal on a STR that I own in the Smokies. We called the appraiser from two years ago, and he wants $700 just to update it. That's not even going to the property - merely pullin...
Account Closed
Local Transportation Infrastructure Charge: killing density?
For those of you familiar with LTIC, is there absolutely no way around it other than to build the sidewalks, even if it's R10 and no one has sidewalks anywhere in sight? It was a complete deal-killer when I learned a...
Christopher Smith
Roof Betterment, Restoration or Expense
Sorry this is a long one:Contemplating doing a new simple Shingle overlay on a rental property roof. In other words, not doing a tear off of the old Shingles just laying a new layer over the old. I have a guy who has ...
Ryan Keenan
Front end/ back end debt
will income from the owner occupied property that you are vacating and renting out be counted on front end debt or back end debt? Also a rental property that is NOT owner occupied is back end?Thanks!