I bought a distressed side by side duplex. Upon closing , I emailed my insurance broker to get an insurance binder on the property, like usual. She called me to get particulars, and said once I'm done with the renovat...
I am in the Huntsville, AL area and looking to buy a SFH. My plan is to buy a home needing mostly cosmetic repairs/updates and getting it reappraised. My hope is to get a higher number that what I pay so that I can pu...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $760,000
Cash invested: $210,000
I purchased a 4 unit mixed use property. This property features a 3bed unit...
So I have a commercial warehouse (2 bays), I occupy one and I have a tenant next door.This tenant has been here for 6 months and has been on time without any issues. And he's month to monthBut he came in this morning...
I am trying to figure out ways to creatively finance my 1st rental property investment. I have already used/am using a VA loan for my current property that I am living in. I want to know if I am able to use a USDA loa...
My wife and I are starting down this road. Our strategy is to buy local to start. Our budget for investing is about $100k cash each year and an additional budget of $3500/month that we are transferring to our llc. We ...
We purchased a duplex that we are living in so we qualified for a WHEDA loan for only 5% down because it’s owner occupied. We have now found another property(4plex) that we’d like to owner occupy again getting a FHA l...
I have come across a deal that seems promising. The owner wants 17k for his sfh and will finance. After researching I noticed "7k in delinquent taxes". The value is 26-27k, with that being said my partner wants to off...
So I am trying to utilize an FHA loan and trying to obtain a (4) unit property as, from what I understand, if I were to buy a duplex with an FHA, i would no longer be able to get a (4) unit FHA again, but would be abl...
Hi everyone. I'm looking at a 5-unit property. It's a house that has been split into multiple units but the tax records list it as a three family. How does this affect lending? Would this be a residential or commercia...