All Forum Posts by: Wilder Osorio

I found a duplex and it goes like that: first floor and basement has utilities together and combining both of them it's a 5 bedroom, 2 kitchens, 2 bath. and could easily rent it for 1400 and that's very cheap. second floor and attic will be the same as the first floor. so reting those two out, I will make 2800 monthly, but I have other option. renting the bedrooms and could rent them 500 each going cheap, I will make 5000, in this case I will have to pay all the utilities, TV and Internet, snow removal, landscaping, etc... what would you guys do? considering these facts. - if I rent per bedroom it will be harder to manage it. - the turn over might be higher. - people drama. any experience with this situation? please share.

HI, I just found an bank owned property and I wanna use an FHA loan on it, but I'm sure this house won't pass the FHA inspection because has mold in the basement, so my question is: will be possible to buy this house if I say I will use a 203k loan on it and pass the FHA inspection after the repairs?

i am looking to buy a 2 unit house, and i really like one of the properties but there is one thing that worries me, and that thing is a sump pump. The sump pump was installed in 2011 because the owners had the basement flooded back then.

so i am worried because before i used to work for a restoration company and most of the work i had to do was cleaning basements because the sump pump clogged or failed, so my question here is, should i buy a property that needs a sump pump? or should i just let it go? thanks.

PD: they said the installation and the actual the sump pump costed 9k also has a back up battery.

if you have plaster walls, would change them right the way or you hold them, for how long?

thanks, man excellent point of view.

Hi, i'm looking to buy a 3 multi-unit property with a FHA loan, so I have red and listened that an acceptable cash flow is around 100 dollars per door, so here are my questions?.

Do you expect that cash flow with a 20% down payment? If so, what is a good chashflow, with a 3.5% down payment?

Thanks.