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All Forum Posts by: Minsu Kim

Minsu Kim has started 10 posts and replied 22 times.

General Landlording & Rental Properties

Post: Renting out singlefamily for each room

Minsu KimPosted
  • Posts 22
  • Votes 8

Hi,

I'm considerinf to buy a singlefamily house for rental. I've heard that some savy investors splitted the rooms in a single property to multiple tenants to maximize returns.

I'd love to do this too. Is there any conditions to be considered before buying property for this strategy in terms of locations, sizes, and sreuctures of the house?

Regards,

0 Votes
Creative Real Estate Financing

Post: Which FHA lender accepts mulyifamily with 3% down?

Minsu KimPosted
  • Posts 22
  • Votes 8

Hi,

I just heard from better.com that they require at least 15% down for duplex.

It is weird in that I've heard tons of success stories that people house hacked.

Has the rule been changed? If not, please tell me the working lender.

Regards,

0 Votes