
5 January 2025 | 7 replies
I would caution you not to necessarily expect your NOI to be higher because you achieve higher rents leasing units to Section 8 tenants.

6 January 2025 | 7 replies
I am looking to purchase around a 150k unit.

3 January 2025 | 9 replies
In application, if someone comes to me on a home they just purchased w/ nothing down, the FHA Title 1 loan will lend them up to 25k on a SFR or 12k per unit on a multi up to 5 units.Jason

4 January 2025 | 26 replies
I would add there has to be some level of human monitoring going on.

2 January 2025 | 6 replies
One has tons of fees, such as a $30 technology fee per unit, per year.

10 January 2025 | 13 replies
Ask how many units they manage and how much experience they have.

2 January 2025 | 8 replies
Currently, we are targeting multifamily properties of 100+ units, and have been actively engaging with various owners and brokers, submitting Letters of Intent (LOIs) and working to secure deals.While some may consider our approach bold for new investors, we are confident that, with the right team and expertise, we can succeed in achieving our objectives.I’m excited to be part of this community and look forward to learning from your collective experience.

26 December 2024 | 3 replies
The ability to turn single-family lots into duplexes or even split lots for separate units can significantly boost rental income and property value.

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.

2 January 2025 | 2 replies
Maybe they would/could take it upon themselves to pay for the repairs to the roof to salvage your unit and prevent further damage then they would go after the HOA to recoup costs.