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3 January 2025 | 42 replies
We are looking to do more in the future with them as I am very bullish on multi-family investments.
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22 February 2025 | 109 replies
Two groups that I will consider investing with again are Colony Hills Capital for multi family and FNRP, which specializes in grocery and big box store anchored retail spaces.
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6 January 2025 | 5 replies
DSCR or Fannie/Freddie loans can go up to 75% on single family homes, multi family homes (2-4 unit) max at 70% if you stick with Fannie/Freddie.Other things to consider would be:Paying points for a lower rate vs higher rate with no pointsIf going DSCR - Prepayment penalty term (0-5 years)The lower the loan size ($200-250k and lower), you should consider paying up to 2 points and doing a 5 year prepayment penalty if going DSCR.
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8 January 2025 | 20 replies
Selling before death would be a costly mistake - you did not explicitly state this was not a multi family but it seems likely from your description.
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10 January 2025 | 16 replies
Also, you don’t need a business license just to look at properties, but if you buy a bigger property, like a multi-family unit, you might need a certificate of occupancy, depending on the local rules.For business trips, most expenses can be deductible, but if it’s part personal and part business, you can only deduct the business portion.
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7 January 2025 | 16 replies
Truthfully it is really pretty easy if you put the right systems in place.
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19 February 2025 | 88 replies
While they cannot be considered rooms, they will bring in an additional $$ each and every month.If you have a mixed-use or multi-family, consider adding a laundry room, vending, etc.
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3 January 2025 | 8 replies
I'm researching/looking into Freddie/Fannie financing for large multi-family now.
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30 December 2024 | 103 replies
I'm building my systems.
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4 January 2025 | 14 replies
Small multi-family property is where I would start.