Brick Biermann
Looking for investment strategies and opinions
2 October 2024 | 6 replies
If you have that much equity, perhaps a $1.5-$2M would make sense, but I assume that would be a larger property with more doors.
Dave Hart
BP referral for Tax services - beware
5 October 2024 | 17 replies
So this is a tricky thing.Accountant's / CPA / Professionals who get paid based on their knowledge and time normally do provide a 'free consulting' call to have a chat with them.However, please be mindful that the 'free consulting' most firms offer is very high level and moreso to see if you both would be a good fit for eachother.Sometimes, these calls are done by the owner(if its a smaller firm) or business development professionals if the firm is larger.1800-Accountants is a large firm so you are likely first vetted by a non accountant whose main job is to get the sale.Best of luck.
Bacongo Sandou Cisse
Young guy (25) looking to relocate to a market where I can start investing
4 October 2024 | 39 replies
Ohio and Pennsylvania have lots of older small multifamily that I do think is very suitable to house hack - sometimes you can buy a place with a studio or 1 BR that also has a 3 BR or a 4 BR, you live in the smaller unit and you rent out the larger unit.
Ian Stuart
Freddie Mac SBL & Fannie Mae Small Loan Financing - Multifamily Apartments
4 October 2024 | 10 replies
That said, if the property you're attempting to finance is materially larger than the properties you currently operate (IE - you're trying to finance a 30 unit building, but have only operated a series of 4-plexes to date), then sometimes this rule gets thrown out the window and you'll still be subject to the "Limited Multifamily Experience Sponsor" re-sizing parameters.
Albert Johnson
Tenant wants to remove light fixture
2 October 2024 | 10 replies
Then your choices sound more foolish than unfair.
Janelle K. Eagle
Flipped an Old Victorian in Two Years - And Why I Will Never Do It Again.
2 October 2024 | 4 replies
Built in 1890, this Old Victorian was converted into a duplex in the 70's by a talented architect who made some unique and extraordinary custom design choices (read Vaulted Sunlights) that make this property truly one of a kind.
Michael Swantek
Inherited Tenants - How to give notice to vacate so I can live in the property
1 October 2024 | 7 replies
One unit has tenants I would like to keep (it is much larger and draws much better rents).
Sam Bhattacharya
How do I handle a tenant who refuses to pay the increased rent in my rental property?
3 October 2024 | 11 replies
But he does not have a choice to stay and not renew (as long as you enforce that).
Karolina Powell
First time interested in a larger multi-family - how do I verify financials?
26 September 2024 | 17 replies
Additionally, how do I find a realtor that deals with larger multifamilies?
Chad Day
First Time Home Buyer looking at a complicated scenario...
2 October 2024 | 3 replies
To answer your question about the 203k, yes this property would qualify in this scenario as long as the residential portion of the property is larger (51% or more) than the commercial space.