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9 August 2015 | 87 replies
This is part of the complexity.
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20 October 2014 | 31 replies
The one I rolled in was hard to refinance because of a high non owner occupancy ratio in the complex (too many renters to owners).I know going forward I will likely have to do shorter loan lengths (because I am over 4) and am fine with that as long as the numbers make sense.I would go with 30 year mortgages with traditional loans when offered on your first 4.
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7 February 2015 | 3 replies
Just a few hours ago I wrote a brief message explaining that I was interested in buying multi-family real estate (duplex, triplex, fourplex, small apartment complex or mobile home park) and that if they could put me in contact with anyone they knew who wanted to sell such a property.
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12 February 2015 | 16 replies
i was also on a webinar last Thursday.and my current living situation is pretty nice my rent is 1145 for a beautiful 2600 sq ft. home in the aliente area of las vegas. i rent a room with a jack and jill bathroom to my friend for 550 works 2 jobs and is never home see each other like two or 3 times a week. so its a huge place for 600 a month lol . and yes the house hack is actually what i planned for for my first investment. i hope to one day have apartment complexes
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21 July 2016 | 13 replies
But, if you get many properties it becomes much more feasible.The one owner I know of a LARGE complex just has 2 property managers.
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17 May 2015 | 25 replies
There are about 3 brand new large mixed use complexes within walking distance, that are renting from between 2200 - 3400 a month (these have pools, fitness rooms, restaurants and bars, all the frills).
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26 February 2015 | 12 replies
Deal #1: 1-Bedroom CondoRent: $850 / mthTaxes: 1358.97 / yrCondo Fee: $114 - INCLUDES HEAT, tenant pays electricNeeds roughly $2K in cosmetic workOwner Agreed to:Purchase Price: $85,0004.5% interest ratemonthly payment of just under $413downpayment of $3500mortgage amount of $81500Important to note here, there are no comps in the last 25 years for 1 bedrooms in complex. 2-bedrooms have been going for about the $85K... so take that into consideration.
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18 February 2015 | 5 replies
Random question:What is it called when someone pieces together a deal on a big apartment complex, gets investors together to purchase it, and they get a share of profits without investing any money?
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9 July 2014 | 21 replies
I encourage you to look, but I would wager that you'll find 3-4 unit buildings and larger complexes to be more your style in and around Boston.
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17 June 2014 | 20 replies
I am interested in single family homes for wholesaling but later I would not mind buying and holding small apartment complexes as well.