Hi everyone, I wanted to introduce myself to this awesome community!I'm Grant and I'm looking to house hack a duplex with the goal of reducing my family's expenses. Ultimately, I want our investments to cover all of o...
Looking to get info if its possible to get a Renovation Loan in the Detroit area? For example: Say I find a property that is $30-40k and needs another $30k in work. After fixing it I would then like to rent it out and...
We have chosen to start flipping houses in Ohio using hard money as leverage to acquire properties a lot faster than traditional lending. However, we aren't familiar with the qualifications and how to choose the right...
I am a college student working part time, seeking to obtain a mortgage preapproval for a home. I plan to purchase the home through an FHA loan. Should I talk to a preferred lender, mortgage broker or bank? Any recomme...
Is there a better instrument/rate to be had than getting a HELOC for my paid off house? I am seeing most HELOCs around 4.5 to 6% + fees.
hi there I live out of state and looking to become a small time lender in Columbus ( loan's lesson 50,000). I live out of state and am not licensed. Im interested as it seems somewhat safe and not large checks. I don'...
We are upgrading our internet to a fiber connection, and have found that most of our young tenants are watching their television through streaming internet. We are considering cancelling our Cable TV (we pay for that...
Just picked up a property for $170,000. Put about 45,000 into the rehab. I put 25% down about (50k) @ 8.1 interest rate. New ARV is about 265k, property is going to be rented shortly and should cash flow about 900 a m...
I'd love to get some insight on how other investors feel about these markets. I've been looking around and these areas have lower property values, but will most likely have a lower quality tenant. I'm struggling with ...
Hello, I started on my real estate path this year. Since June, I have purchased 5 buildings (7 units), all purchased with a HELOC that I have on my own residence. Today that rate is at 5% (up from 4.5% when I opened i...