Leslie L Meneus
Networking? What do I do now?
9 January 2025 | 13 replies
People who want to do multi-family deals of all sizes but I have yet to meet anyone who have similar ambitions all-be-it this is my first post as such.
Griffin Malcolm
Options for Using Two Vacant Plots of Land
10 January 2025 | 8 replies
Just got off the phone with the zoning guy and he said since both of my lots pre-date the zoning regulations in the city, they're grandfathered in so-to-speak, which means I am able to build a single family on each one!
Alan Asriants
Why BRRRR is not an effective strategy today...
23 January 2025 | 24 replies
Even if you do find such a deal, getting it to cash flow after repairs and a cash-out refinance is extremely difficult, especially for single-family homes.
Jerry A.
Exploring Cash-Out Refi Options
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.
Nadine Smith
Renting Property to Group Home
6 January 2025 | 2 replies
The mortgage on this property is way above what I can rent to a family.
Tim Ryan
Learning the Game of Real Estate Investing
6 January 2025 | 3 replies
I don't have enough investor buddies around and my family would have zero interest.
Tayvion Payton
Investing in MultiFamily
12 January 2025 | 20 replies
But again, as mentioned, get fam with COC, Cap, IRR, etc.You said later you had $80k to invest in a multi family.
Sino U.
Would love to connect with local RE agent in San Antonio
5 January 2025 | 8 replies
They mentioned how Dom helped them narrow down neighborhoods for a multi-family purchase and even flagged potential zoning issues before they made an offer.
Bruce D. Kowal
🌟 1031 Exchange QI Selection: Relationship & Reputation Deep Dive (Part 3/3
16 January 2025 | 0 replies
Hey BP Family!