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20 July 2024 | 4 replies
Hai,Bigger pockets has lots on lending options for commercial and multifamily space.
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18 July 2024 | 5 replies
The attached 2 car garage was converted to living space by the original owner.
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20 July 2024 | 8 replies
When a buyer knows they want to buy and buy again fairly soon they need to target the homes in order.Bank loopholes which cannot be questioned; Buying smaller home first, then buying bigger home (Sqft/GLA) we review it as growing family, need space for office, dogs etc..
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18 July 2024 | 2 replies
Is anyone working in this space currently?
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20 July 2024 | 32 replies
This can help offset your mortgage and other expenses.Single-Family Home: If you choose a single-family home, you may have the option to rent out rooms or a separate unit if there's space, but the income potential might be lower compared to a duplex.Affordability:Duplex: Financing a duplex might be more challenging, but the rental income can assist with affordability.Single-Family Home: Single-family homes might be more accessible for first-time buyers, but you won't have rental income to offset expenses unless you choose to rent out a portion of the property.Property Management:Duplex: Managing a duplex involves dealing with multiple tenants and units, which can be more time-consuming than managing a single-family home.Single-Family Home: Managing a single-family home is typically simpler since there's only one tenant.Privacy:Duplex: Living in a duplex means you'll share a building with tenants, which could impact your privacy.Single-Family Home: Offers more privacy as you won't be sharing the property with renters.Market Conditions:Duplex: In some markets, duplexes may offer better appreciation potential and cash flow due to the rental income.Single-Family Home: Depending on the location, single-family homes may have better long-term appreciation potential.Long-Term Plans:Duplex: If your goal is to accumulate rental properties, starting with a duplex can be a good way to get into real estate investing.Single-Family Home: If you prioritize a more traditional living arrangement and don't want to manage rental units, a single-family home might be a better fit.
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25 July 2024 | 62 replies
Seller financing, they don’t want to pay taxes, if you live in the area use the 2 out of 5 year tax free gains as primary residence later, don’t rent or lease for housing- rent storage space where they can live.
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18 July 2024 | 7 replies
Larger gravel spaces, concrete pads with picnic tables, small storage sheds included in each lot.
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20 July 2024 | 10 replies
It's wonderful that you're eager to learn and grow in the real estate investment space.
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18 July 2024 | 3 replies
This is definitely not the norm in this space, unless you are cross collateralizing with another multifamily you own
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18 July 2024 | 4 replies
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