All Forum Posts by: Brandon Sturgill

Thanks for all the beneficial information. After performing some research on the topic, it seems there is a general concensus to discontinue the OO requirements (but the gov't won't avail).

Can someone please provide some guidance and insight on building a RE portfolio of SFH's and small MFH's. I really appreciate the rehab and resell of SFH's...personal preference. And I enjoy the concept of collecting 4-plexes that generate passive income.

If anyone operates this type of a model, would you please share some insight on how to make it work? Thanks in advance for the education.

Does anyone have a succinct method (or advice) for tracking relevant RE market information. I seem to be finding myself looking at multiple sources for relevant pieces of infomation. (housing starts, economic data, mortgage rates, forclosures, unemployment rates, census, etc., etc.)

Thanks in advance

Thanks, Dawn.

Thanks for the direct feedback. I appreciate the responses.

I did make the offer during the 15-day owner occupant period (which was obviously accepted). The house is not my primary residence...but it will be at the end of the month.

My initial intent was to occupy for one year, but I have been bitten by the rehab and resell bug...

Pretty sure the penalities are a quarter-million dollar fine, etc, etc.

I recently bought a HUD home with the intent or reselling within a year. The rationale for buying the house was to "ease" into rehab and reselling property while working a full-time job, and to allow my kids to finish their private school before they age out and we relocate.

I began the rehab myself at the beginning of June, and undoubtedly can have the work done relatively quickly. I want this house gone within six months to buy another. My realtor advised that my contract contains a 1yr occupancy clause...any advice? Am I really stuck the entire year? Thanks

Just wondering if anyone can provide some education on the what's, when's, where's, why's, etc. of contracts for safely and legally securing a wholesale deal...this seems to be the missing link for entering into the wholesale market. Thanks in advance.

Thanks for the welcome and input. Much appreciated.

You are talking strictly conventional mortgages, correct?