Jay Ford
Non-Warrantable Condos AZ
Hi all,
This is my first post (and it’s a bit long). I have a unique opportunity in front of me. I currently own one condo in a property that is non-warrantable due to one investor owning 6/8 units, and renting out ...
Solomon Simmons
3 things I wish I knew before buying first investment property
Currently, my wife and I are saving cash to go all in on our first investment property! We are hoping to “house hack” in the Raleigh area. I have a strong financial back ground but have not spent any length of time in...
Joanne Basecki
Need advise ref. plans for a rehub / preparation to apply for a HML
Considering the plan below what are my chances (or anyone else's in similar situation) to obtain the 70K HML. Thank you in advance for a possible input/advise.
I got an accepted offer to purchase a 4-unit bldg in Hum...
Germain Mopa
Multi-family properties location in the Metro Atlanta
Hi all,I just relocated to the Atlanta metro area (Smyrna) about 3 months ago. My goal in REI is to buy and hold small/mid multi family properties with value add potential. I am trying to figure out the location to fo...
Colton S.
Adding Bathroom to Upstairs house
Hey BP,We are looking at a 4 bed / 1 bath house with 1977 sq ft. It's a two story with the bathroom on the first floor and 3 bedrooms on the second. I'm considering adding a second bathroom above the first one and doi...
Natalie Hahn
Repairing a deck with termite damage - Please help!
A termite company found extensive termite damage on the deck of our house and is offering to do a repair/remodel and bringing it up to code for $15,000. Our deck is very old and needs a lot of work, but this still see...
Savannah Lewison
Pittsburgh - Help me analyze this deal
I estimated 80k for rehab which was a guess but I added this into the purchase price because I would use a loan for purchase and rehab. Any and all feedback is appreciated!View report*This link comes directly from our...
Thomas Fraiz
[Calc Review]Help me analyze this deal(Houston, duplex, tax lien)
View report*This link comes directly from our calculators, based on information input by the member who posted.
Ryan M.
Pulling permit on roof replacement for multifamily property
Hi, everyone!I recently purchased my first rental property last year. It's a triplex, and I live in one of the units.I'm planning to replace the roof pretty soon, and I would prefer to do it myself, and I'm wondering ...
Mike Street
Local Bank Financing
Hi Everyone,
The mortgage guy I've worked with on two primary residence purchases is saying Fannie requires 25% down for an investment property. And the lender wants to see 3-6 months reserves which is understandable...