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Bought my first investment property about 1 month ago; single family I plan to rent out in Philadelphia. Completing relatively simple renovations (new paint, floors, fixtures, refreshing the place). Was previously use...
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I transitioned from flipping to new construction basically at the beginning of the pandemic. The 3 biggest differences in land/construction deals vs flipping are:
1. Time - Unentitled land takes 2.5- 3 years to go fu...
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Hi,I am trying to understand how doing a wraparound mortgage will affect my ability to get more loans. My rentals with regular mortgages on them add to my income (rent *.75 - payments). But with a wraparound mortgag...
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Hi, Folks,In searching Zillow yesterday, I came up with some lots in an unfinished subdivision. I drove out there last evening and yes, the utilities are in and the lots are fully developed - paved streets, street lig...
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I am looking into acquiring a home with enough yard space to put a prefab guest house on that I could rent on AirBNB.
What do I need to know to start planning and budgeting this?
- Checking with planning and zoning....
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I was the winning bidder in a foreclosure sale on a property in Connecticut and will close next week. I have learned from the neighbors that nobody is living in the property for the past 2 years. After closing, I plan...
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Howdy all, I have a few acres of land that my father purchased for me and I want to put it to good use. After researching a bit, I'm considering the below. Open to suggestions and feedback.
Option 1: - Clear off an ...
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I recently became in contract with a 4-plex property and during my due diligence I figured out that the building has been with Housing and Dangerous Buildings department of Sacramento since 2012. So no city inspector ...
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I was hit with a stop work order in Chicago for partitions in the basement that were there when we purchased the building. I need advice on best way to move forward. I emailed and called the inspector but did not rece...
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I am looking into purchasing a SFR with around 7000, sq ft lot. The plan is to rehab the main house followed by building 3 ADUs in the back, then flipping or holding afterwards.The area is a bit rough and will be goin...