When I bought a house 2 years ago, I wanted to buy a duplex and my lender told me I wasn't able to use the theoretical rental income to help qualify. Is this still the case??
Investment Info:
Condo buy & hold investment in Aurora.
Purchase price: $165,000
Cash invested: $5,000
Primary residence
What made you interested in investing in this type of deal?
I needed...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Owatonna.
Purchase price: $95,000
Cash invested: $35,000
My first investment property, which I house hacked, renovated mys...
Hello BB!
By way of introduction, my name is Christopher DeSimone and I am currently a 23-year-old CPA working at a big four firm in NYC. I recently finished Brandon Turner's book Rental Property Investing and I am e...
Has anyone here used a 203k loan? I get the concept of it and sounds like a valuable resource, but people tell me it is hard to qualify for and not worth it. Any second opinions?
Easy question here that I haven't had any luck finding the answer to. When do you have to start making payments on your FHA 203(k) loan? Is it right away, or can start you after the work is done? And if it's right awa...
My name is Anton Webb, and I will be moving to Dayton, OH toward the end of June 2015 and starting a 4-year grad school program toward the end of July 2015. The program budget for rent alone is about $28,500 over the ...
Duplex for sell it’s a turnkey, how do I get the funds to get this property? I’m 18 with zero credit but I don’t know if that matters or not but the duplex has potentially for a great cash flow. Need advice!
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $156,000
Cash invested: $11,000
Sale price: $156,000
4 plex
3 units renting for $450/month, renovating ...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $140,000
Cash invested: $5,000
single family home 3b 2ba and renting out 2 rooms $650 each while living in the 3rd ...