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A while back I heard that you could buy a fourplex with and FHA and then after a year somehow role/transfer that FHA onto a triplex and then a duplex and then finally a single family home? dose anyone have more inform...
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Hello,We are finally looking for a primary residence in the Princeton, NJ area.We wanted to find a foreclosed property and fix up using a 203k rehab loanDoes anyone have any references to a good General Contractor in ...
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I found a property that a woman purchased for her sister to help take care of her mother. Her only stipulation was after her mother died was to start paying the loan off. She has decided to move and The one who own...
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I am newly licensed and looking to buy my 1st investment property - rehab - Rent - refi - repeat... you know what chilly business I’m speaking of!Looking at lenders for 40-60k, little to 20% down - rehab loan up to 65...
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I am a rookie investor looking to invest in SFH to hold as rentals long term. I am planning to use conventional financing to finance my investment. I have started looking for listings recently.I am a bit confused when...
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Hey Everyone,
I am partnering up with 2 other people to flip SFH.
There are three of us and we have agreed to a 50/25/25 split with the 50% guy putting the down the down payment.
To set this up legally, how do we n...
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Hi BP folks , I will be closing on a quadplex this Friday which is fully occupied. Does anyone has a checklist of things to go through at closing and days after the closing ?
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Got some numbers from a hard money lender who had me itemize and budget me reno. Playing it safe, I over estimated some cost to get to the allocated budget. Question is, when the time comes and I finish work, what hap...
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Hello BP members! My name is Robyn, I'm a new rehabber/flipper. I located a great deal on a vacant condemned property that is paid for in full sitting on over $300k in equity. The owners want to sell however the house...
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Can I take out mortgage loan given:
I have a stable $100k W2 income from my employer, but opened an LLC this year and am projecting a loss of $200k in the first year. This loss is expected and not a problem. However,...