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I was wondering if anyone had any experience in financing a HUD home to an owner occupant? I offered to finance a HUD home to a friend/handyman who never thought he could afford a home/be a homeowner. We found a ho...
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Hello! I am a newer member here and so I apologize if this question has been asked before but I am wondering if anyone has any knowledge or advice on a lender I am looking at using for a rental property purchase and w...
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So I have a dilemma. I'm just put a house under contract that I plan on occupying as my primary residence. While I was at the meeting with the seller, he asks if he can finance the deal. He says he basically doesn'...
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I've got a property that requires a pretty major rehab (asbestos siding, and needs new electrical, plumbing, HVAC, walls ....). I have a general contractor that I think will do a good job. I wanted to do the work as...
We have purchased many homes through the years but now we are focusing on purchasing an investment property. In regards to the house we are making an offer on...The same broker that is selling the home is who we are u...
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Let's say we acquired property on a year 0 for 100k. Let's say we had a cashflow of 10k every year, for years 1 to 5 and on the year 5 we also sold the property for 130k. The question is why when we calculate the IRR,...
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Hi!I’m an investor out of Duluth, GA - which is in the suburbs of Atlanta.I just recently closed on a nice HELOC (224k credit, 3% APR, interest only) to use for financing some upcoming deals.My question for the legal ...
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Apart from the difference in interest rates. I'm looking for some feedback; Between a HELOC or a Hard Money Loan which would be the better option ? My ultimate goal is utilize the BRRRR strategy in acquiring a propert...
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Can turning a rental property into a mental home for people with disabilities be profitable?
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I closed on my first buy and hold investment property Tuesday. I purchased a duplex in Milwaukee. Was a fun journey. Got interested and serious about REI about 7 months ago, saved like crazy, networked with anyone I c...