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All Forum Posts by: Amber Gazzolo

Amber Gazzolo has started 4 posts and replied 7 times.

@russellbrazil Sorry to bother you but during some research I came across this discussion. I just found an unpriced 4 plex that I am interested in. I have a few single family but looking for a 2-4 plex house hack (i.e. not very experienced yet with multifamily). Do you have any advice on how to handle the broker for an unpriced listing? Thank you! 

I have heard mixed information on owner financing and hoping for some clarification before I start making the proposal to sellers. Is there actually a tax benefit for the seller. To me it only makes sense if I can get a lower interest rate compared to conventional financing but how would that work for the seller? I have heard of investors on the podcast getting 0% down and 0 interest owner financing. Why would a seller go for that/what is the case to negotiate similar terms? THANK YOU FOR THE FEEDBACK! 

Post: Finding multi family properties

Amber GazzoloPosted
  • Posts 7
  • Votes 5

Looking for guidance on finding a needle in the haystack. Just moved back to SoCal and looking to continue investing while house hacking in a multi unit. Supply is low but also potential rent income is negative in a big way on anything I look at online, pushing us out of qualifying with the higher interest rates. What are some strategies/approaches to expand my option pool and find something that works?  We have a temporary living situation and desperately trying to avoid getting into a one year lease, but time is running out.  Thanks for the help! 

@Robin Simon it depends on affordability but it looks like 2-4 is more in our price range in SoCal but if rents cover loan cost does that mean I can purchase at a higher price point?

I own a few single family rentals and looking to get into the multifamily space. I am familiar with conventional loans but am realizing there is an whole financing world I know very little about. I am hoping for some direction on what to look into as a potential loan option to allow me to buy something in a higher price range than I could afford just through my finances, like I've done through the single family purchases. I have a heloc for a downpayment and intend to live in one unit. Thank you in advance for the advice!

Post: Rental Management Software

Amber GazzoloPosted
  • Posts 7
  • Votes 5

I am taking over family property, multi-family units, which has been ran very hands on and without any online systems. I would like to get everything updated and ran more efficiently. What software would be recommended for about 50 units? Thank you!