HelloI recently purchased a historic building and I am trying to find grant money to rehabilitate the historic components of the project. I have already been granted some money from the community preservation committe...

I am up against my DTI ratio for a traditional mortgage and I have been looking in to the DSCR option and it from what I am seeing it looks like a decent way to continue to scale. Does anyone have insight on what the ...

Hi,I’m considering taking a route I haven’t thought of before. I listed one of my SFH’s for rent  and had a company contact me wanting to do residential recovery/rehabilitation from the home. 2 people/Bedroom. The peo...

Has anyone ran into trouble with the underwriters for the "big banks" stating that repairs must be done to a HUD property before financing can be approved? (Appraisal stated that certain repairs-such as adding a stov...

Hello all,I am currently analyzing a 9-unit MF in Manhattan. 8 out of the 9 units are rent stabilized, which really affects my cashflow. I know you can convert RS to FM by giving in writing, a note stating that you wi...

Hey everyone, I have a few quick questions.What is considered to be appropriate renovations for a FHA 203k? Could it be used to just update a old retro home that hasn't been touched since the 60's or is it for legit r...

4 Things You Should Know Before You Flip a HouseAs an entrepreneurial-minded person, you love to examine potential business opportunities. House flipping attracts countless business people like you, but not all of the...

Has anyone gone through the process of applying for the tax credits associated with renovating in a historic district? Question I have: 1) How difficult was it to renovate to the historic architectural standards?2) Di...

Are turnkey investment properties usually priced above comps? I've been looking at some newly rehabilitated rental homes for sale in Memphis and saw they were priced 10-15% above local comps. Prices for these turnkeys...

I am looking a 16000 SF building in a historic part of town. I am aware of the state and federal government offering developers tax credits for rehabilitation and preservation of certain buildings. This is one of thos...