Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
David Ptak General Partner on Motel Investment has gone silent!!!
23 July 2024 | 17 replies
It's been 4 years now and I've heard nothing.Thanks in advance for any replies!
Greg Rosen Advice on house hacking 1-4 units with FHA loan in NYC/NJ
24 July 2024 | 7 replies
(and I have full time job so time is limited)Here’s a breakdown of my investment plan–I would greatly appreciate any guidance and recommendations on making this (or some version of this) happen.PropertyLocationAttributesB-level areas (A-D scale)Safe enough for my girlfriend to feel generally safe walking alone in the eveningWalkable neighborhood / close to transit (car ownership not necessary to live there)Area(s) of interest (not set in stone)Jersey City areaConditionB or C-level (A-D scale)Semi-distressed with potential for minor rehab upgrades ($35k max)DealbreakersFoundational issues / big required rehab due to FHA 203(k) max for streamlined versionSize2-4 units (higher the better)2-4br per unit preferredMax Budget (FHA loan limits)NYCSingle-Family Home: Up to $1,089,300 + 3.5%Duplex: Up to $1,394,775 + 3.5%Triplex: Up to $1,685,850 + 3.5%Quadplex: Up to $2,095,200 + 3.5%Hudson County, NJSingle-Family Home: Up to $1,149,825 + 3.5%Duplex: Up to $1,472,250 + 3.5%Triplex: Up to $1,779,525 + 3.5%Quadplex: Up to $2,211,600 + 3.5%TimelineTitle in-hand latest: Jan-Feb 2025Can potentially buy earlier if I sublet my current apartment in NYC as needed (lease expires Mar 1, 2023)Rehab: 30-45 days max of minor rehab/renoMove-in: on or before Mar 1, 2025 (hard deadline)FinancingLoan type: FHA or FHA Streamlined 203(k) for rehab <=$35kPossible conventional loan if I seek investment from family/friendsApproval statusGoal is to get pre-approved now in advance for credibilityMy statsEmployment: Full-time at large bankIncome: low-mid 6 figuresAssets: low-mid 6 figures (including 401(k))Credit score: 800DTI: 2.5% (student loan)Thank you in advance for your support.
Christian Orellana Triple N Leases Investment
24 July 2024 | 8 replies
Thanks in advance.
Sartaj G. Loan options for commercial retail property
23 July 2024 | 11 replies
Thanks in advance.  
Sara Valentine Appliance warranties intentionally invalidated by tenants
23 July 2024 | 4 replies
THANKS SO MUCH in advance for any advice going forward with this.
Ingrid Hussey Flat Screen TV's on the Wall
23 July 2024 | 5 replies
Thanks in advance.
Ravi Chandra How accurate is Cost of Construction mentioned on permit?
23 July 2024 | 3 replies
Good general contractors, particularly  those who build ground up must have financial means to advance projects outside of merely relying on your bank draws  and construction knowledge.
Scott Williams Contractor needed for 203K loan
23 July 2024 | 3 replies
Thank you in advance.
Justin Garrett Closed on a small apartment deal! 16 units
24 July 2024 | 38 replies
I would be the first to ask for this "advanced" type of tracking but I feel with out it you aren't treating these units as a business and are guessing.