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Ok, so I currently have 2 separate properties that only have a balance of $18000. Each but they value at roughly $160000. Each What I was thinking of doing was to get a 20 year mortgage from a different lender for $8...
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As one of the fastest-growing cities in the United States, Raleigh, NC, continues to attract attention for its dynamic economy, burgeoning tech sector, and vibrant cultural scene. In 2024, Raleigh's market situation p...
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Hi,We have an adjacent parcel of unused land next to our duplex. We're planning to add an accessory dwelling unit (ADU) to the existing duplex by merging the two parcels together. Current zoning would not permit this...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $295,000
Cash invested: $88,500
Sale price: $442,000
4th Buy & Hold investment - Two adjoining duple...
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My family and I are considering relocating to a different state for work. We bought a house almost a year ago with a FHA loan. From my understanding I can rent it out after the first year is up. But the legality of sh...
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My father served in the Navy for 4 years - Can I do a joint loan with him and utilize the VA loan options? If so, what do I need to know regarding requirements in a situation like this? Can my dad, my wife, and I be...
Hi BP,
I recently purchased a 4 bed 3 bath house and have turned it into a duplex. The downstairs is 2 bed 1 bath and has been rented out to one person, while the upstairs is 2 bed 2 bath and has two people living in...
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Just curious what kind of cap rate would one of these big investment companies make on their single family rentals? I am only getting about 8% after all expenses, capex and property manager. I feel I'm buying clo...
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Hello all, I'd love to get some advice on a potential flip I'm thinking about. It will be my first. I have a friend who has a neighbor that passed away, and her house is being sold in the next few weeks. They've offer...
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Hello all,Today I ask a hypothetical question. If I had a private money lender finance me on a downpayment of say $50,000 at 6% with agreed upon repayment terms, (1) How and what do I tell the bank about how I got tha...