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Can you purchase Investment properties and then purchase your first primary residence using an FHA loan? Or do you have to use your FHA loan before you buy and investment properties?
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Last year, We purchased a "turnkey" in a suburb of KC that turned out to be a "turkey," a real POS. We have sold it twice this year and both times the buyer backed out after the Home Inspection. This is after we hav...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $105,000
Cash invested: $175,000
Sale price: $407,500
Purchased this historical home with a tree through the re...
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Investment Info:
Mobile home fix & flip investment.
Purchase price: $33,500
Cash invested: $10,000
I purchased a mobile home on a rented lot and moved it to a lot I purchased using a wholesale co...
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Investment Info:
Single-family residence buy & hold investment in Latrobe.
Purchase price: $30,000
Cash invested: $10,000
Rent to own deal. Using private money to pay off the deed then looking in...
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I'm a little confused on the gas mileage deductions. In years past I have purchased a property for rental purposes and worked on it myself for several months until "ready" to rent. The properties are rented in the s...
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Investment Info:
Condo buy & hold investment.
Purchase price: $385,000
Cash invested: $60,000
Burbank property
What made you interested in investing in this type of deal?
It was my w...
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I am looking at a purchase in Lake City, FL. Lake City is a rural area where families will purchase a piece of land then put several mobile homes on it so they can be close together. This is still considered residenti...
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Investment Info:
Other note investment investment.
Purchase price: $43,500
Cash invested: $1,200
This is a first lien home equity non-performing note that was purchased by my company Wubbieta Inc. at...
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Hello,
Love the site. have been lurking for about 8 months. Have read a ton of the blogs, and the information is amazing.
I was downsized in 2008 and decided to look at real estate. After a lot of research fin...