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14 December 2024 | 6 replies
HI Jewell,If you were to use FHA again, this could trigger the FHA 100 mile rule + 1.75% upfront fee, however with a few exemptions Indeed FHA allows you to put 3.5% down payment to invest in 1-4 units.
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14 December 2024 | 6 replies
Its not a set price per unit or building but rather a percentage of income to debt.
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12 December 2024 | 17 replies
Might be tough with one unit.
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13 December 2024 | 10 replies
If the numbers make more sense on the 6 unit, then maybe look into selling your duplex and doing a 1031.
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30 December 2024 | 24 replies
Unfortunately it's not practical in a rental unit.
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16 December 2024 | 11 replies
I don't do large rent increases (like $200) because I don't want a unit turn but my rent is in the market range.
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15 December 2024 | 1 reply
Since this will be a lengthy process I will attwmpt to fill these units up with short term office tenants, or anyone that is looking for storage space.
6 December 2024 | 8 replies
Hi guys
Hi guys
Really appreciate any feedback. Our property management company wants to sell 3 apartment blocks for us approximate value 2m maybe slightly more, can we ask them to accept 4% sales commission? The ...
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16 December 2024 | 2 replies
He had a little rental in south Phoenix he’d bought years back, and he wanted to roll that equity into a multi-unit building that could yield stronger cash flow.
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13 December 2024 | 16 replies
I own a unique mobile home park in South Carolina that's relatively small (5 acres) comprised of 12 lots (I own 8 of the homes while the other 4 are owner-occupied and charged lot rent) along with a house (3 units).