All Forum Posts by: Ralph Francois
Ralph Francois has started 2 posts and replied 3 times.
Post: I have a great deal,and wanted to know how to go about it?
- Posts 3
- Votes 0
Hi, I’m new to real estate investment and have a great opportunity to purchase my first home. I’m trying to buy a home from my in-laws and there selling the home to me for 100k the house value is worth at least 200-250k or more, and I plan on making improvements.
I wanted to know after purchasing the home how soon after do I get the equity, and how much would I get ?
Also how I could use the FHA 203k loan to make improvements and necessary repairs.
Finally if you had an opportunity like this how you go about it?
Post: I have an amazing opportunity to purchase home.
- Posts 3
- Votes 0
No the property does not need major renovations, just minor improvements. And I'm not to sure if I'll be getting the equity via HELOC or cash out refinance but I'll be sure to ask. Thank you for that
Post: I have an amazing opportunity to purchase home.
- Posts 3
- Votes 0
Hi, I’m new to real estate investment and have a great opportunity to purchase my first home. I’m trying to buy a home from my in-laws and there selling the home to me for 100k the house value is worth at least 200-250k or more, and I plan on making improvements.
I wanted to know after purchasing the home how soon after do I get the equity, and how much would I get ?
Also how I could use the FHA 203k loan to make improvements and necessary repairs.
Finally if you had an opportunity like this how you go about it?