Found this FAQ, thought it might be of interest:
HUD and VA home purchasing
There's also info there about a program for teachers that I didn't know existed!
I bought my first house with 20%, rented it out. My mortgage with tax and insurance is $1400 and I rented it out for $3000 per month. I am making a good profit and I know now is the time to buy. I know how to rehab ho...
I just made an offer on a property I will rehab and rent out. The property has a blue kitchen, the cabinets walls, and ceiling are all painted blue. My first thought was that I would have to paint it a neutral color (...
I have been doing a lot of research on how to legally structure my properties. I currently have a SFH and a duplex located in Ohio. My SFH used to be the house I lived in so that is still in my name. The duplex I boug...
Hi all, I'm just looking for feedback on a deal that my wife and I are considering since we're not professional commercial real estate investors. Thanks for any comments.We live in a small town not far from a very pop...
Hello,The splash tiles in my kitchen as well as bath seem outdated in my home, likewise I don't have a granite countertop in my kitchen, I don't even know the material it was used.These Luxury Vinyl Tiles seem to be i...
Hey BP!
Nick here with another question, this time regarding profit for the wholesaler. I have heard from many investors about using the formula ARV X .70 - rehab cost - desired profit = MAO. But just a few moments a...
Hello all,I am looking for advice and feedback for the best way to get to my second property.Current situation:My business partner and I purchased a triplex in the Spring of 2012. Purchase price was $84,000 and we pu...
I started out with a credit score of 790 when I bought my first rental. In 3 years, I've acquired 4 more, and my credit has dipped with each loan, and is now at 710. I have no debt except for these loans, and no credi...
When doing a 1031 Exchange, is there any way that I can purchase a property that needs fixing up and have the actual property acquisition price plus the rehab price considered when doing the Exchange? I have a house t...