Hey guys! I’m currently looking to secure a heloc on my primary residence to hold for reserves so that I have easy access to capital if need be while I use my cash savings on investment properties. With the current ma...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $97,000
Cash invested: $50,000
Sale price: $185,000
COVID related delays
What made you interested in i...
I am new to the Real Estate Market - I am eager to learn all that's available on the subject of Wholesaling. My plan is to take 2016 to master the fundamentals of Wholesaling. I will consume books and surround mysel...
Hi folks,I recently purchased a 6-unit residential apartment building using commercial financing and 25% down. Of the down payment, 70% came from a HELOC on my primary residence (owner occupied 3 unit).Unfortunately, ...
My contractor is asking the below draw schedule and I wanted to see what you normally do. I know someone that has used him without any major issues. Just a few things came up to increase cost. "to be paid 1/3 when sig...
I would like to credit back a portion of my buyer's down payment on a house, say a few days after closing. We'll then write a promissory note for the amount, maybe attached by mortgage (if not, a lawyer said attaching...
So I've seen where people have had mixed luck with pulling labor off of Craigs, but has anyone tried subbing off of Porch.com with any better results?My Craigs experiences have all been good so far, considering I am i...
Hi,We recently bought a single-family and met a nice contractor (GC) that seems to be able to do the rehab we need. I'm looking for a rehab contract that will protect both sides. What clauses shall I absolutely look f...
I am currently doing a major alternation to my single family home in NYC for personal use (non-investment property). Majority of the property is demolished and rebuilt via a partial demo with an Alt-CO filing with DOB...
Is it possible to receive an FHA 203(k) loan as an additional loan to your mortgage? For example, only take out 3,000-5,000 to replace kitchen appliances in a multi-family. CT offers a CHFA program for first-time home...