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Hey All, I'm looking at a fix and flip deal and would like to know what you guys think?Buying at 400kRenovation at 80kSelling at 555k.We've looked at closing cost expenses, interests rates, mortgage for the rehabbing ...
I hope this is going in the right forum. I need help! My husband and I bought our house (our first and only home we own) 3.5 years ago. Long story short, we bought a fixer because that's all we could afford at the tim...
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My first fix and flip became a buy and hold rental - unexpectedly. The renovation took a month longer than expected. Sales prices for similar homes in my selected area peaked and began to fall before renovations wer...
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I'm afraid that tons of low rent nearby is going to risk me getting low rental appraisal on 4 family FHA loan. The street the house is on, is DRASTICALLY different than 98% of the area, so the market is complex.I foun...
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I recently completed the EPA Certified Renovator Training. Today, I received the Email below. Now, the EPA is not satisfied with the certified renovator. They now want to add another layer of inspection ($$$, delay...
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I have a paid off home I have lived in since 2011. I recently moved to another residence. I would like to turn the older home into a rental property (if the numbers make sense). It is in an area that is experiencing c...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $86,965
Cash invested: $1
Sale price: $167,829
This was my first Sheriff's Sale purchase. I made two big mista...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $110,000
This was my first deal that I've done. I found it off-market by cold calling. I bought it cash, and then a mon...
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Hey everyone. I have a question/situation that I'm hoping I can get some guidance with. I bought my house in 2015, with the intent of one day turning it into an income property. I put 20% down to avoid PMI, with the h...
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Hey everyone,
So I'm a travel nurse ready to get started into this world of real estate. I have a potential duplex but wanted to understand how the 1% rule would apply if I live in one unit and rent out the other.
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