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Hi everyone, I am closing on my first duplex in a couple of weeks. The property is located about 30 minutes west of Philadelphia. Both units are currently occupied, but paying below market rent and both units need to ...
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I live in Houston, TX and I am new to flipping. I renovated and sold two homes which I lived in each for several years but I now want to get started in flipping as an actual business venture. It was easy to find a hou...
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If you upgrade your home do your property taxes go up?
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Hi BP! My wife and I are in a position to put an offer in on our first owner occupant investment property! The property is a duplex and a Fannie Mae owned property. My understanding is that Fannie Mae offers the Ho...
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Growing up, my family's favorite decor was "renovation." I watched my dad get a kick out of fixing up and renting a little home across town. My husband also loves to work magic with homes. He has built and renovated h...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Darby.
Purchase price: $170,000Rent: $2252/moMarket Rent: $3000/mo
The property is currently occupied getting $2252/mo with month t...
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Hey All,
Recently I relocated to the Rochester, NY area from Pittsburgh, PA. My Fiance & I bought our first duplex in August, renovated the upstairs unit & currently live in it. We plan on renovating the down...
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Hi All,
I'm trying to qualify for a HELOC. The problem I'm running into is two-fold:
1) Many banks still have a moratorium on these due to COVID
2) Debt to Income qualification due to unique rental income situation...
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I am a newbie to this forum and in need of some help. Hopefully I'm positing to the right forum. I bought my first house in Aug 2020, renovated it, and June 1 2021 it is currently rented. I put about 120k in renovat...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $585,000
Cash invested: $585,000
Walk into this beautifully converted Victorian in historic and centrally ...