I am just wondering on how does the refinancing part works and I cant seem to understand it. Let say that you buy a house and you successfully do house hacking. Once a year has passed, what are the next steps? do you ...
Hi Everyone,So I had a recent turnover and my property was left in very bad shape. One of my biggest problems was the odor and damage that was left from the tenants dogs. Now in my lease, I do include a $250 non refun...
I just inherited a property in Wilmington, NC which I would like to use as an investment property. The property does not have a mortgage. I need to make repairs to the home prior to renting it out (~$15,000). I am loo...
Key Points
-Duplex- FHA=3.5% down. Conventional= 15% down minimum
-3-4 Units- Must be FHA and pass the self-sufficiency test
-VA Loan- Zero down for 1-4 units!
Action
-Connect with an investor friendly lend...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Kihei.
Purchase price: $831,725
Cash invested: $85,000
Contributors:
Josh Conlan
First property (hopefully...
If we sell the two houses that we just rehabbed, put all the cash we get from that as a down payment on say 5 multifamily houses, would our taxable income be $0? How do we achieve that?
My sister is looking at a mulit-family home outside of new york. She will live in one side. Can someone tell me how to analyze this type of deal?
I currently have more equity than I owe on my mortgage, however I have a bad personal credit score. This has been a thorn in my side trying to access the equity. I am unable to qualify for a refinance, HELOC, loan, et...
Hi everyone,I'm originally from Austin, TX (where real estate is exploding right now), but I've been in Phoenix for the past year and a half. Now that I've just started a new job here, I figure I'll be in the Valley o...
I am looking at 2-4 unit properties that are currently tenant occupied, and would be using an FHA loan to purchase. I know that I must be an owner-occupier to qualify for the FHA loan, but how long after purchase w...