Shawn Suarez
Buying a SFR with Land and Building an Additional Home
I'm looking at buying property with an existing SFR and an acre of land. The property is zoned R-2 which in my area means multiple dwelling units are allowed. The existing home on the property is in good condition and...
Cameron Mello
Take higher %rate for addition closing cost credit on flippers
I read that if you decide to take a higher interest rate then what you qualify for, you will receive additional closing cost credits for all the increased yield. Would you take the higher interest rate on a house you’...
David Ezra
Additional baths in renovation- Is it worth it in flip?
Hello everyone,
Theoretically, how complex or simple is it to add a bath or two to a house that has enough sq ft for such an addition, and what costs can I expect? I'm investing in Columbus. It is clear to me that it...
James Mcsweeney
Duplex- What additions to a standard lease have you included?
I'm about to start looking for tenants for a newly renovated duplex i got (First time for duplex) and I'm curious what some things other landlords included in their leases that weren't considered standard that either ...
Brian Smith
Additional charges more than 30 days after tenant moved out
I reside in South Carolina am attempting to charge my former tenant a cleaning and repair fee 40 days after they have moved out and their lease have ended. I have yet to send them a bill to the forwarding address they...
Jeremy Letkeman
Financing an additional project when I got a “free” house
Back in 2018 I purchased a house (calling it house B) through re-financing my first property (house A), with intentions of fixing it up and renting it. house B was run down but had good structure, needing an interior ...
Joe Vigurs
HELOC to purchase additional rental or pay down current one?
Looking for the best option.
Have HELOC on primary residence (50K).
Rental property breaks even (gets $1750/mo.Used to be primary residence).
Owe 240K on rental. Valued at 275k (FHA loan with PMI fixed in).
Do I a...
Collin Lee Johnson
Allocating additional funds so as to appear below income limits
Alright guys so here's a hypothetical (and it is an actual hypothetical right now as I haven't gotten a raise yet); let's say that someone is currently making below the income limits for a housing program and will be ...
Shervin Sepehri
Finding Additional Financing for a 7 Unit Non Performing Building
We just got a verbal acceptance on a property for around 300K. I have financing from a bank but the amortization term is 15 years and the rate is 6.27%. They also want to impose a prepayment penalty. The NOI of the pr...
Ali Allen
Average cost per sq ft for addition in Atlanta area
Hi!I'm working towards my first flip and I'm trying to determine if an addition would eat my profit or be a good investment. The house is a 3br 1b about 927sq ft. I would like to create a master suite, turning the exi...