I purchased a 4 family home in June 2016 using an FHA loan and a 3.5% down payment. The house was appraised using comp values rather than an income based approach due to the house being mostly vacant. I fixed up and r...
Hi guysI apologize in advance for such a simple post, but I can't seem figure out how to get this train moving. Any advice would be much appreciated. Here's where I'm at-My wife and I are looking to buy a second home ...
Hi everyone,My name is Nick. I'm new to this website but can see that the networking and information on this site can be very beneficial to all. I'm a 25 year old male from Rochester, Minnesota that is going to get in...
Looking for some insight and recommendations based off of what worked well for others. Here's the background info:My wife and I bought a small house, 2 bed 1 bath, in 2018 and rehabbed it while living in it. We moved ...
I would like to start investing into real estate any ideas
My wife and I bought a home in Clairemont (San Diego) back in 2011 for $330,000. Now it's probably worth close to $550-600k. I'm trying to get my foot in the door to invest in real estate. The option I have now is pul...
I recently inherited a triplex that is completely paid off. I renovated each unit and now I am looking to leverage equity to buy another income property. Any advice on what kind of properties I should be focusing on? ...
I personally believe that any strategy for REI must match the particular market and the resources a person has available. There have been some recent discussions about the buy and hold strategy and of course there is...
Financing Options for a Remodel
The very first step of a remodel is to decide how much money you’re willing and able to invest in it. A good rule of thumb is to spend no more than 10 to 15 percent of your home’s va...
I am just curious if anyone thinks that the BRRRR strategy would work with Air BnB? I know that to refinance into a bank loan you would need to show projected income on the property. Would this work similar with a sho...