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13 May 2024 | 3 replies
Two of the units are occupied by cash paying tenants at 1500.00 a month.
15 May 2024 | 21 replies
I am currently looking to buy a 2-4 unit building in Fort Lauderdale area.
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15 May 2024 | 8 replies
I am really just looking at duplexes but considering properties with more units.
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15 May 2024 | 15 replies
Think about moving into a building with several units close by to help pay for where you live.
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16 May 2024 | 7 replies
I helped a young kid purchase a 4-unit he was going to house hack and manage, so I got him a nice Dewalt drill set.
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15 May 2024 | 17 replies
As a non owner occupied property minimum down payments are:Conventional (single family) - 15%Conventional (multifamily 2-4 units) - 20%Non-QM (1-4 units) - 20%Certain Non-QM DSCR products allow the use of gifted funds for your down payment.
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15 May 2024 | 3 replies
While shopping for a small multi-family building (3 or 4 units), I would like to get an inspection of the building to get an estimate of repair costs if any problems are found (foundation, roof, electrical, plumbing, heating).
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15 May 2024 | 11 replies
New builds typically tend to appreciate faster and demand a higher rent than average for an area compared to older units (we often see a higher quality tenant(s) in new builds as well).If you were to buy an already built 4 plex are you expecting any immediate or mid term rehab and what are the projected rent rates and rough estimate for annual appreciation.
15 May 2024 | 4 replies
I'm glad to see you're considering a multifamily home in Portland—it's a fantastic way to get started.Portland can indeed be a bit tricky for multifamily properties, particularly with the current market conditions and tenant-occupied units.
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15 May 2024 | 4 replies
I'm looking to buy my first property as a house hack ideally a 3 or 4 unit, and I have what could be a 3-5% down payment saved right now.