Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago,

User Stats

10
Posts
2
Votes
Paulo Patam
  • Rental Property Investor
  • Henderson, NV
2
Votes |
10
Posts

Adding additional multifamily to existing duplex

Paulo Patam
  • Rental Property Investor
  • Henderson, NV
Posted

Hello, so I am super new to investing and I am still on the search for my first multifamily. I live in Nevada and I found a property in Las Vegas that currently has a duplex on it. The listing agent has marketed the property as an investment property with more land that is capable of building additional 4plex up to 8 units on the property. So my question is more on the finance side of investing. Is there a loan that bundles a full build with a loan? Because I know that you can 203k loan for renovations/rehab but would a new build still qualify under this? If not is there such a loan? And also would it be wise to just get the loan for just the duplex now and wait few years for some type of appreciated to refi and then use the money to build or just tried to build to 4/8plex right away? Is this a better route to take? Please pros lend me your knowledge and experience. Anything is greatly appreciated. Thanks in advance.

Loading replies...