Not exact matches
I couldn't physically
rehab more than a few
houses per year because each took hundreds of hours of work.
Too bad they didn't build a
rehab center for drug - addicts, or a safe -
house for prostitutes who need protection from pimps.
The state funds will go to
not - for - profit Neighborhood
Housing Services of Staten Island to rehab 105 housing units on scattered sites on the
Housing Services of Staten Island to
rehab 105
housing units on scattered sites on the
housing units on scattered sites on the Island.
And if you don't ever want to share your residence with roommates or tenants, consider the Live - In Flip
House - Hack.: basically, buy a
rehab property as your principal residence, move in,
rehab, increase value, then move out, sell at a profit or rent out for income.
Our model doing
house calls has been extremely successful with pets who can
not go to a clinic for
rehab, and with pet owners who appreciate the convenience of someone coming to them.
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rehabs, hospital based drug abuse counseling and alcohol abuse counseling, in - patient rehabilitation programs, out - patient rehabilitation programs, therapeutic communities, 12 Step support groups, AA, Alcoholics Anonymous, Narcotics Anonymous, NA, 12 Step meetings, and halfway
houses.
My family and I could
not have been able to
rehab our
house without the tax credits to help offset the $ 100,000 project.
Here are numbers on a couple of vacant
houses, I know the cost estimates are high as I have
not seen the interiors and exteriors of some indicate some extensive
rehab will be required and I'd rather overestimate than underestimate costs.
What you may see in an old
house should show you what you might find and safety issues in approaching any
rehab, you never know what you'll find in the walls and you don't really know (unless power is totally shut off) if a line is charged or
not.
As a result of these trends, operators of seniors
housing properties are evaluating their service offerings and considering whether or
not they want to offer their residents full medical care (skilled nursing,
rehab therapy and chronic care) or simply hospitality (meals, transportation, housekeeping, entertainment and concierge services) and activities of daily living.
If he's just opening up
houses for you to assess as an investment,
rehab, etc. then it shouldn't be a big deal for him to take calls.
I will say that the CofA Historic Planning Commission was an absolute disaster to deal with; they alone cost me 60 days on the
rehab and all I wanted to do was replace a basement window on the side of the
house that you could
not even see from the street.
I suspect I would
not survive moving my wife into a junky
rehab house and fix it up while living in it.
Couldn't you always take the $ 35k and demo the
house for $ 8 and buy and
rehab a new
house for $ 25k and come out a couple of grand ahead by taking the insurance money?
I wholesale about two
houses a month as well as we
rehab as well, I have never made it this complicated for anyone to buy from me, apparently your mentor told you to do it this way, do
nt know why,
Cheaper
houses are to be had: there was one listed at 65K that according to the blurb, needed total
rehab, and since they said mold, drywall, facia, flooring, hvac, plumbing
not working, it might be cheaper / easier to bulldoze and start over.
This particular wholesaler (
not naming names) showed purchase price of $ 156k,
rehab of $ 15k, ARV erring on the low side at $ 210k (I legitimately think we can move this
house quick at $ 215k).
I live in Cape Coral as well and unless you're looking to do some major
rehab work an 80k
house in
n the Cape will be tough.
I don't give 2 craps what someone else thinks the
rehab is going to be, what the
house is worth, and what it will rent for.
The value for them may
not be immediate equity by getting it at a low price but maybe they're willing to pay purchase plus
rehab and be at 100 % of market value, but have a
house that is exactly what they want and all the finishes that they chose
not someone else's design tastes.
But the budget would also tack on a.30 basis - point premium increase for other FHA loan programs, including condo and certain
rehab projects, and that's
not sitting well with
housing supporters.
Of course it didn't stop fraud in just made it tough for legitimate real estate investors to
rehab and flip
houses quickly.
Whether you need funding to complete a
rehab on a project that's already half done, or you're looking to borrow for improvements on a
house you haven't closed on yet... Glassridge can help you get the investment property renovation financing you need.
Many investors start off with wholesaling the properties because they either don't have a money lender or partner to help them
rehab / retail the
house and sell it for a bigger profit.
I do all the
rehab work on our
houses so I know it won't take much to reverse - it's more the insult of doing it and being so disingenuous about it all, specifically as we gave them a bit of a break going in.
Any good real estate investor does some wholesaling, after all we all are looking at
houses if we
rehab or lease option or subject to or SS, so why
not wholesale a few along the way?
When we were just finishing up the
rehab on our second rental property a young couple with a newborn moved into one such
not - so - nice
house.
You might ask why the initial investor didn't just
rehab the
house and kept all the profit for themselves...
We have found (and most of the local landlords have
not discovered yet), is that you can do a bang out job on the
rehab and the
house will rent quick and for the top end or over market rent.
Although government data is
not yet available for 2009 or 2010, there were nearly 906 million tax credits awarded for new construction and
rehab projects in 2008, according to the National Council of State
Housing Finance Agencies.
Yes, it does require a little more paper work with the FHA, need to have the 203K Consultant involved and handle inspections / appraisals and such, but the fact that I can get into a property, have up to 6 months of mortgage payments included in the cost of the loan so that we don't have to worry about double rent / mortgage payments,
rehab my primary residence the way we like it, save a 1930 - 1940's era farm
house, and then refi into a conventional cash out mortgage later on and use that equity to go buy rental properties... nice way to get started, without having to put up a lot of cash or live next to tenants / in town (I'm a RURAL kinda guy).
All in all the money in a money market is paying 50 bucks a month and the other
houses on street are 1100 and 1200 / mth so I figured even though I don't have much experience with
rehab and reselling i cant screw up too bad.
He is
not the type that goes into
houses that need full - gut
rehabs or that has to tear down a
house and start again.