It's a 3 bedroom, 2 bath, 1105 sf house in a B neighborhood.
Purchase price: $322k (Originally, my partner wanted to flip it with me, but I persuaded him to sell it to me. He earned quick money as a wholesaler, and I...
Hello Everyone,
I bought a home back in January 2024 using my FHA loan and I received a call from Atlantic Capital Funding saying that I could FHA streamline (interest reduction) from my 6.625% to 5.7% and could even...
My wife and I moved to southwest Florida and have 150k to invest. We are trying to deciding between rentals or fix/flip properties. We both enjoyed rehabbing our own homes and can see the upside of fix and flip. On...
I think I'm in a pretty unique situation and am trying to figure out the right hoops to jump through to move forward.Long story short, I'm trying to tap into the equity of the rental property passed down from my grand...
Hi everyone, I own a two unit building. I don’t live in it anymore so both units are rented. It more or less breaks even every month. The estimated value according to the internet puts it somewhere around 350k, and I ...
I currently own (no mortgage) two homes and I am living in one and renting the other. I am looking to purchase another investment home for income purposes and I do have the cash to purchase one property outright. I a...
I purchased my first rental property 2 years ago. In the beginning it was an owner occupied home as I lived in the first unit and rented the second. Per the terms of the FHA loan I lived at the property for 1 year. ...
Hello,
I have a lease with purchase option on a house that now has an addItIonal 20% equity from the agreed upon purchase price. Does anyone know a mortgage company that allows the equity to be used as part/all of th...
I am in the middle of a purchase for a two family property, definite add value with the addition of one bedroom to both units. My plan is to do the work, make the sqft improvements and cash out refinance 6 months dow...
Where are you? A lender that will do a long term mortgage to purchase a property for holding as a rental, but needs rehab? Looking for a loan which includes purchase price and rehab, like a fix-n-flip loan, but want...