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Hello BP,I am starting to investigate how to go about using an FHA 203K loan. I have heard and read that these loans can be a little tricky. Which is why its very important to find mortgage company that uses these loa...
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Hi All,Newbie here. My wife and I are currently in negotiations on 4 unit in Gardena. Would any of you all have any trusted insurance agencies I could reach out to for quotes? I'm unfamiliar with what would be con...
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I have been given the option of buying insurance(684$/year totally) from property manager with a guarantee of 1 month rental fee(around 1250$),most of eviction costs and coverage of up to 2500$ of tenant caused damag...
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Hello!
I've been looking for a while to get my hands on my first deal and i believe I have found it. But have a few questions about the 203k rehab loan. I only have a small chunk of savings for a down payment so this...
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How would you evaluate a tear down that is zoned B-3-2 in Chicago? I'm not sure I totally understand this zoning designation.
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When you're calculating ROI for cash on cash return, do you take out the principal of the mortgage to calculate interest only, or the entire mortgage payment?
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $345,000
Cash invested: $~95,000
This is my main residence that I am currently house hacking. I am thinking about...
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I am able to get a loan for the 80% of the total purchase price ($699,000) that I need. Now I need help/ advice on how the get the other 20%. The owner will not hold the mortgage.
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Hi,
I am closing on a duplex that needs a lot of work...a lot. The bones and roof and plumbing are good. Roof and plumbing was replaced just a few months ago. I'm buying the home for 35K and only need coverage for 70...