Juan Ruiz
First time homebuyer need advice
I am currently in the process of buying my first home. My bank has a down payment assistance program for conventional loan in which they put pay my down payment for me of 5%. Would it be better to buy a house that’s n...
Terrence Evans
Looking for informed opinions about modular housing
Hi all,This is not my normal forum but I was curious if someone could give me insight into modular homes. (Not mobile/manufactured homes) I want to understand what the total costs and concerns are. I am not a build...
Josh Kroll
MACRS Depreciation for Manufactured Homes not anchored to land
I would greatly appreciate if someone could let me know the correct # of MACRS depreciation years that a manufactured home not anchored to land (e.g. sitting on leased land). Specific links or references to IRS public...
Benn Albrecht
203k Loan Good or Bad ?
I currently signed contracts yesterday for a 2 Bedroom, 1 Bath, 800sqft home on .35 of an acre with a detached 1 car garage. My HUD home inspector is scheduled to meet me and my realtor at the property next week. I al...
Ryan B.
Container Homes as an Airbnb rental
More of a question than a discussion topic- My wife and I are thinking a fun yet lucrative business would be to run a small container home rental business. The business plans look profitable when plots of land are dev...
John Winters
Is This Plan Financially Feasible? Northeast Multi-Family, then Move South?
Greetings BP ~I am hoping to receive some feedback on the financial feasibility of this plan and/or some tips to improve it. Thanks in advance.*I currently live in the Northeast (U.S.). I plan to purchase a primary...
Eran Lifshitz
Note Insurance - Per UPB Or Per Purchase Price?
This is a questions I often ask myself - When you acquire a NPN note and you would like to insure the property by yourself, do you insure it per the UPB value or per your purchase price?For example - You acquire a NP...
Patrick Britton
costs for utility hook-up, asbestos abatement, tear down, etc.
Hi,could someone please provide a rough idea on how to calculate :1. cost of tearing down a property2. cost of tearing down a property that had been home of hoarder3. cost to hook-up utilities such as sewer, water,...
Lily Rodriguez
New Construction as a Rental Investment is the Best for Out-of-State Investors
Investing in rental properties can be a great way to build wealth and generate passive income. However, for out-of-state investors, the process can be daunting. There are a lot of factors to consider, from finding the...
Keith Saunders
Good deal or bad deal?
Hey all,
I'm new to rei so I need some advice. Looking at a house in PA, owner is free and clear on the home. Been vacant for 4+ years, no utilities on and he started renovations. Tore out some of the walls, the kitc...