Seeking some insight on a deal I was looking at.
Cost of home is $27000 2 bed 1 bath per side built in 1958 (foreclosure)
Info
Vacancy rate 12%
Its a B to C, class neighborhood (More C). Crime is low in that area....
Hello to everyone I’m new here in bigger packets I’m about to finish my first book “how to invest in real estate”. I have a few questions before I will buy my first house.I just got my social security number lately (I...
Hi All! My husband and I have recently gotten our LLC approved by Pennsylvania and are on the look out for our first fix and flip. I have a question about hard money. We are looking at multiple hard money lenders to ...
Hi everyone! I’ve been listening to the podcast and reading the forum for months now, but wondering what others would do in my specific situation. I currently own a primary home near Denver, CO that I house hack. The ...
I’m thinking about house hacking for the first time with an FHA loan 3.5% down.There’s a duplex that someone is selling me off market at $220k in a very good area in Tampa, FL (West Tampa is the area). 2/1 each unit a...
My bank, Schools First FCU says I can do 3% down on a $650k SFH or 5% on a $750k SFH, but if they see that the home is actually a Duplex then they force the Down Payment to be 15% even if I can qualify for 3% Down wit...
Hi BPs!, Can you please review this provide some feedback, please? I refreshed my pre-approval to lock the rates. Here is what my lender provided.Location: Chicago, ILLoan 415KIf you put the 20% down, I give you two o...
Hello all,I've been in real estate for a few years as a project manager for a developer and Realtor on the side, but have never done my own deal. My dad is an engineer full time, and General Contractor/Mechanical Engi...
How long does it generally take before lenders start counting your rental income ?i recently purchased a new primary residence and rent my original home. how long do i need to be renting that original home for before ...
Hi all, newbie here. I have read many threads and sincerely value the experience and wisdom of many of you.
I am a 24 year old young professional, I make 30k/year. I have 30k sitting in the bank and am interested to...