Looking at a property, and trying to get the numbers right to be able to purchase. Asking prick is $820k. It's been worked out that with $150k of renovation, ARV would be $1.2mil. I'm told that there are some banks...
I acquired my first property in Feb of 2023. It was purchased as a buy and hold with a 3.5% down FHA. My one year primary occupancy term is almost up and I am trying to determine what the next move should be. I've bee...
Im a newbie investor looking to get started in the Cleveland, OH market. Ive heard that most people getting solid ROI's are purchasing Single Family Homes in the west side of Cleveland. Would it be smarter to look int...
Hi All!I’ve gotten into a predicament where my contractor hired turned out have used a fraudulent license and provided me a quotation that was way under scoped. After 10 weeks of fake photos, updates and locking me ou...
It is generally considered a great investment option because of predictable cash flow. It is a more practical and smarter opportunity for yourself and your family. It has been and remains to be a thriving industry. Wh...
I was wondering would it be smarter to find land and take out a loan to build your own duplex/fourplex vs searching and buying one. I know there are certain loans that will help you buy property such as FHA. Will this...
Hey everyone,I have a single family rental with approximately 150k equity in it. It only cash flows $65 a month after expenses; however, the rent is $500 under market. My question is should I sell the house, 1031 the...
Hello, everyone. may name is Chaliyah and im relatively new to investing. I’m starting my RE investing journey with a family home that was deeded to me. I’m looking to continue and grow my family’s legacy by using thi...
Hi everyone, looking for some good advice on obtaining a mortgage for an Airbnb property.. is it smarter to go with a recommended mortgage broker or stick with your local bank that you worked with for a few years (15)...
Just spoke with a loan officer in the Florida panhandle. She explained there would be around $18,000 total in closing costs to purchase a 250k-300k home...approx $11,000 standard closing costs plus $7,900 in "discount...