I recently closed on a 203K loan and after all the paper work finally thought I was done once I closed. About a week after closing I heard from my contractor and he had not received any funds to start the project. M...
Hello!I am new to BiggerPockets and new to real estate investing. My wife and I live in downtown Cleveland and are actively pursuing our first investment property or house hacked duplex (I think that's what it called!...
So last year my wife and I did not end up reaching our goal to flip 20 houses. Many exciting family changes occurred and we only ended up flipping 7 houses. I moved my family to California to give our 7-year-old dau...
How do you determine when to use 203K financing vs conventional (fund repairs with your own money/OPM)? Is there a minimum repair amount you consider when choosing? Obvious this would depend on the price of the hom...
New York City-based real estate investor building a high-performance portfolio of investments in Northeast Ohio where I grew up. Working with web and app developers to create best-in-class management tools that drive ...
I currently owe $223k on my current FHA mortgage. Loan is 6 years old. I am at 5%. My goal with the refinance is to get my payment as low as possibly to help save a little bit more and buy another home in the next cou...
Hello All,
I was hoping that someone out there can shed some light on how it is possible to refinance your first VA home loan (keep it as a rental) and also purchase a second VA home simultaneously. I have heard that...
Im considering starting another venture that will require 1-5 employees the first couple of years and im wanting to streamline some of the back office stuff so I can focus on generating more business. From looking at ...
Hi Everyone, I just joined BP. I am an experienced CA Broker with a few years of background both in traditional Real Estate transactions and loan process. I am also employeed by a government agency as an accountant/au...
Hello all,My wife and I will hopefully be buying our first house within the next year and are seriously considering using the 203K loan. Our goal is to purchase an REO to rehab, live in it for a couple years making sm...