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So I want to try the buy-n-rent strategy in my area. Got connected with an agent who own several rental SFH. Communicated a bit of my capability and needs and then set out and looked at several SFHs. The agent said...
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On the refinance part on a brrrr deal how do I get or find the new loan amount?
Thank you!
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I'm closing on a duplex in New Mexico soon and have gotten a really high number for lender title insurance. This is my first out of state purchase and I've never seen a number this high in my previous purchases in CA...
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Hello All,
I am a newbie. I am under contract to purchase a single family home with 2500 square feet for $160,000 with ARV of $220,000. The repair will cost about 10,000 with no major repair needed. I want to buy and...
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I just received my loan estimate for a $630k mortgage. However, the title-related costs were shocking. This is my first jumbo loan, so I'm not sure if this is normal or not. Below are the items and their costs, do ...
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Hello BP!I have recently been approved for a 203k loan and I am looking to find contractors in Phoenix who have dealt with the 203k loans before please send me your recommendations or best resources to find a great co...
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Hi,I'm looking into investing in a multifamily in orangeburg near the universities. Priced at 197,000. It is a huge house. I've discovered ceiling stains and some tenants informed me of small ceiling leaks from the b...
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Hey Everyone! I'm seeking some advice on how to evaluate a 5-unit property I came across. I'm looking to put in an offer but I'm not sure how to get my ARV. The property is listed for $139,900, needs roughly $125k ren...
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Investment Info:
Large multi-family (5+ units) buy & hold investment in Fairmont.
Purchase price: $98,500
Cash invested: $35,000
Property had a significant amount of deferred maintenance, but str...
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I’m a first-time homebuyer. I saved up money for a downpayment and with the help of a real estate agent I found a multi family building. With plans of occupying one unit and renting out the ones, we made an offer and ...