We're looking at a 4-unit property in Indianapolis, IN (Marion County). We've learned that 3 of the 4 units are occupied by tenants on some type of HUD program. We've yet to determine which one, but we believe it's so...
Hi everyone, I'm trying to get a better understanding of the mortgage system and all the players in it. To my understanding, a lender issues a mortgage to a homebuyer. They give the buyer a sum of money and receive a ...
😷How will the Covid-19 will define this next decade, how to prepare, plan and protect yourself!🌎I think it goes without saying we are all in the beginning of the shell shocked stage that this Covid-19 is bringing and ...
I have a home in the Cypress, TX area that has a small in-ground spa (roughly 6'L x 3'W). The spa has a leak and it is no longer level (sagging where the leak is). I'd like to just back fill the thing in after punch...
Have a seller with 7 condos in a multiplex with other condo owners. Looking at it as a possible deal for myself or to wholesale. Interested in hearing opinions since most opinions I get are no to the condo.
Sorry for the double post, but I couldn't edit my last one.Would you purchase a multi family that had a lead water main if you didn't have the budget to replace it? The estimate to replace the one in my situation is a...
From my research, owning a condo as a primary is more restrictive than owning a SFH because lenders view condos are higher risk. Is that true? So if one wants to buy investment properties, is it harder to get approv...
Do these loans cover 'all' types of renovations OR just 'some' renovations. Example: Let's say I want to convert a 2bdrm into a 4bdrm by turning a porch and a dining room into legal bedrooms (they would meet legal...
What do banks/lenders consider when someone wants to purchase a multi-unit rental? Is it based on tenant occupancy or additional factors?
I bought a condo last year, successfully BRRR'd it, and am trying to complete the cash-out refinance. Has anybody had to deal with the new condo questionnaire addendum Fannie and Freddie are requiring in 2022? I get t...