All Forum Posts by: Nicholas Anderson

I hope someone can help provide some guidance on this , even entertain enough tow rom on project together. I currently have my primary home in Moreno Valley California and have just over a acre lot . I have went as far to the city the city to check zoning and allowable units and am properly zone for at least 15 units . I have never done a project like this and looking for a partner to potential work on project . I was considering expanding home to due to mortgage balance being roughly 64k and property value around 393k , but with the cost of construction made more sense to turn it to assets if possible and house hack with my brother on multi family else where . I really hope some one in big pockets community has experience with something similar and provide some guidance.

I currently own about a acre of flat land and currently only have about 1400 square foot house on the land . Wondering if I should build duple or tri plex on lot or buy something already build and on the market

I currently own about a acre of flat land and currently only have about 1400 square foot house on the land . Wondering if I should build duple or tri plex on lot or buy something already build and on the market

I currently own some property and can build a nice size triplex on my current land . Should I use my equity to use the cash to build on my own land or should I take that cash and invest it into already established property ?

@Dan Gamache Thank you for the information will have to explore and get educated on those options

If you choose to go the brrrr route . How do you get financing to recoup your money if you don’t have a form of income but have paid for the property and rehab through your own funds you have accumulated . Would I still be able to qualify or do I need To be receiving some form of income .

Help please

I’m currently in a really good spot as a first time investor i believe . I have over 150 in equity in my current home and also just recently sold a four plex and will have about 100 k in after tax profits . It is currently me and my girlfriend who will be looking for duplex , triplexes , and fourplexes and larger units for sale .We currently aren’t married and she has a fha loan out already that has *150k in equity * . Should we set up a business to buy our properties under or should we leave them tied to our individual names ? We currently own a site in Cali that is commercial and can build up to 15 units and planned on using the refinance of the property to fund the modular homes we plan on dropping there and the 100 k to be used towards 2 to 3 owner carry properties in Arizona market . If you were in similar situation how would you play your cards ?

Help please

I’m currently in a really good spot as a first time investor i believe . I have over 150 in equity in my current home and also just recently sold a four plex and will have about 100 k in after tax profits . It is currently me and my girlfriend who will be looking for duplex , triplexes , and fourplexes and larger units for sale .We currently aren’t married and she has a fha loan out already that has *150k in equity * . Should we set up a business to buy our properties under or should we leave them tied to our individual names ? We currently own a site in Cali that is commercial and can build up to 15 units and planned on using the refinance of the property to fund the modular homes we plan on dropping there and the 100 k to be used towards 2 to 3 owner carry properties in Arizona market . If you were in similar situation how would you play your cards ?