Jazzy Schaeffner
Investing while market is high
I'm looking to buy my first Duplex within the few couple months with an FHA loan. The market is high right now and when buying a property it will eventually go back down in price, meaning I lose money. What are you ...
Patrick Zwierzynski
How old is too old for a rental?
When starting out in looking for rental properties, most people recommend that you come up with specific criteria so that you can quickly identify properties that would be of interest. This process seems pretty easy t...
Ryan McCalla
Review possible deal Wichita Ks. Market
Address 1107 s Martinson Wichita Ks. 672132 bed 2 bath 1250sq. Ft.Current asking price $65,000Needs $3000 to $5,000 in repairs.Will be able to rent for around $750 a month in Wichita market. Property tax is $750 a yea...
Richard Dorn
Proof of Major Updates to Insure Older Properties?
Hello, All!I spoke with a local Insurance Broker recently to get a better understanding of the potential complications when buying old, vacant homes to rehab into rental properties. She mentioned that I would need to ...
Bin Liu
Need advice on Basement rentals
Hello All,
Need some advice on my particular renter situation. Currently renting my basement out to a single mother and her child since last March, original rent was $1575 (all utilities) and I saw her situation at ...
Jeremy Heesch
Looking to Start from Phoenix, AZ
Hello, BiggerPockets folk!My name is Jeremy Heesch from the dry heat of Phoenix, AZ. We're just getting ramped up for the part of the season that we're most famous for, so I figured since going outside during dayligh...
Taylor C
Need help with offer strategy for oil in back yard
Wondering about your thoughts on this one...
The property is a foreclosure. It hasn't been on the market long enough to have any price reductions.
* Listed at 75,000
* ARV 135,000-140,000
* 3bed/2bath brick - stripp...
Riz Ahmad
Exterior work during winter months
I was wondering how others handled exterior finish remodeling during the winter months. Just picked up a house that is a 6 week rehab, problem is the outside needs to the painted, and here in Wisconsin it’s unlikely...
Brad Gordner
Lazy Lender note meeting easy deadlines. What to do?
Good Afternoon Everyone!
I have been progressively getting more and more frustrated with my lender. They have really dropped the ball on the latest mortgage. Here is the quick rundown:
It's a 3 units ($675 per u...
Nik Parks
FHA Bottom Line
Hey guys, I have a question.
I'm brand new to REI. I want to buy my 1st house this year. I want to buy a multi family home with a FHA loan.
My question is, what is the absolute bottom line amount with a FHA loan (I ...