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I'm looking at a deal thats current gross income is <110k with poor management, kind of run down, but in a good area. They have an asking price of 2.1m that's based off a gross income of 432k. After speaking with l...
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Does anyone have any experience working with the HomeStyle Loan program? It is a great resource for investors, but my Realtor, Loan Officer (he thought it was only for HomePath homes), and contractor are not familiar...
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Hello everyone! I had a quick question on the DSCR loan process. My mom and I want to get our very first rental property and want to use a DSCR loan. I am wondering what the full process for getting the loan is? Would...
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I’ve started to build ground-up multi-units for myself and its been a painfully long to get to completion with all these new requirements. So I started looking for other options if I want to keep doing this. A new f...
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Is there $$ to be made in the modular home industry- selling and advertising in particular?
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Happy Monday,I need some advice/help navigating getting cash back out of a deal. Long story short, I'm a new investor (5 SFH so far in North Carolina) and have been acquiring buy/hold property which is quite slow for ...
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Hello,
When you do a lease to option or master lease does the rent you pay the seller counts towards the down payment or doesnt, and does the seller besides option it receives can he add a little higher rent to recie...
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Hi everyone,I currently live in Manassas, VA and have a 2 car attached garage with a vaulted ceiling that I'm thinking about converting into an ADU (studio, or 1 bed/1bath with a small loft, and kitchen). I don't use...
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It's great to hear that interest rates are dropping down. While the inflation is still elevated, we started to see a graduate decline in interest rates. Many home buyers earlier this year were paying around 7% but, re...
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So you finally found the 'perfect' property!? Amazing..the challenge is that it's someone else's dream home or investment also..and for one reason or another, there are a lot of investors flush with cash! In fact, one...