I live in Salt Lake City, Utah and as most know the market here is among the most inflated across the country. I was lucky enough to get ahead of the curve and purchased a townhouse in august of 2020. I currently have...
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For house hacking through an FHA loan, and as per some of the pro video workshops I viewed, you can restart a house hack after just one year (not two years)? I live in NJ and want to make sure of this going forward a...
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Hi everyone, brand new to this. I've got a great income, great credit score, but no home ownership experience and no knowledge regarding financing options for buying apartment complexes. Here's the situation:I'm a s...
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So where are Investors flipping these days to find distressed properties under $100K? I'm in the Tampa Bay market and its near impossible to find anything under $100K. I'm willing to fish anywhere in Florida or anywhe...
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Alright, big step forward for me as I've just completed my first property analysis using the Four Square worksheet.Property is in Sacramento, CA. It's a triplex, and I would be house hacking it.Assuming I also paid m...
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There is a reason why I am not a rehabber…..
April 1 (Fools Day) My Banker was very friendly. Said he wished I would get a contractor because I didn’t know what I was doing. Best rate I could get was 6 points ab...
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Hey All - Seeking some advice on a situation I've found myself in after purchasing my first investment property.For background, I'm based in NYC and after 1-2 years of sitting on the sidelines I decided that 2020 was ...
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Hey all - this is the first time we're closing w/ inherited tenants... and the place is outdated and worn. The tenants are both (this is a duplex) on month to month leases that are under market but I suspect that's a...
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This is my first flip. Earlier I was in buy and hold properties. I bought this home, got it fixed in 2 months, and put it on the market in Oct 18, but having hard time getting it soldThere were few hiccups initially -...
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Hi all,Newbie here. Creating a written plan with some spreadsheets. The basic plan is to buy a duplex with 20% down (100k down for a 500k property). Annual cash flow around $2,500. After the property has appreciated a...