All Forum Posts by: Tyrone Marson

@Chris Mcdonald you could also consider refi into a commercial loan if conventional doesn’t work out.

I currently live in Columbia and was exploring the option to buy rental properties in the area, needless to say the 1% rule goes out the window in Columbia.

Creating a niche to provide single family housing to Assistant Living Facility (ALF) operators, for them to operate their business out of your property. What’s the process to do so?

@Mike Stup how did you find this deal?

@Whitney Hutten got it. Thanks

@Shane Wolf so your offer would be based on the 3/2 ARV after you have subtracted renovation cost, closing cost and equity margin?

Let's say you find a property that is SFR 2/1 which plan on turning into a 3/2 because it has the square footage to do so. Do you estimate your ARV based on a fixed up 2/1 or do estimate based on a fixed up 3/2?

@John Warren there are cracks along the exterior brick wall and one of the basement windows out of square, kitchen floor also has a pitch towards the back of the house. The foundation doesn’t appear to be sinking, neither does it have any visible termite damage.

What is the typical cost to remedy a foundation issue?

@Abby Weinstock thanks.