6 November 2024 | 8 replies
Hi @Douglas Alexander, I've used the VA loan many times, but never for MFR.You can't use it for more than a 4-unit building, so 1-4 is OK, 5 or more... nope.Great plan though to house-hack it.Let me know how your research turns out ref. building from scratch.Could be an interesting idea... build like a 3/2 for your family and 3 more smaller units.Then when you move out, you can rent the 3/2 for more obviously and could earn some good cash flow.
8 November 2024 | 53 replies
As for the subject at Hand I have a MTR next to the Summerlin NV hospital its a money maker..
5 November 2024 | 29 replies
I have been use Baselane for the last three years and I like being able to login and at any moment get a very clear picture of my rental earnings for the month.
7 November 2024 | 21 replies
If you do it correctly and have the correct paperwork its a great way to buy property with little or no money down.Seller financing is the "Seller" acting as the bank with their equity and loaning the buyer that amount of money for a negotiated period of time.
7 November 2024 | 1 reply
He has no time but has money.
7 November 2024 | 14 replies
Quote from @Jay Hurst: Well, no, the fed cut the fed funds rate which is the rate that big banks lend money to each overnight.
7 November 2024 | 0 replies
I financed this deal initially with a hard money loan, which provided the speed and flexibility needed to close the purchase quickly.
7 November 2024 | 8 replies
However, setting aside that money doesn’t lower your net income.
5 November 2024 | 4 replies
If the sale goes through, we are making a substantial return (hundreds of thousands of dollars).My spouse and I want the money now and want to avoid the wait and see.
7 November 2024 | 9 replies
A good deal is a good deal, however with that said you also have to resell the property so you have to be in a place where people have money, access to credit, and want to live.