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13 November 2022 | 6 replies
I'd recommend using that in combination with opinions of others and some on-market browsing to find your target areas.
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2 December 2022 | 26 replies
This just means that 75% of the rents of all units (all 3 or all 4 of the units) must be equal to or greater than your entire monthly payment to ensure FHA will be sufficient should anything happen to your ability to pay for this property (if they take it back the property as a foreclosure/REO).In more expensive west or east coast markets it will be hard to make the FHA SS rule right now given that the rates are in the 6-7% range so I would recommend targeting 1-2 unit FHA properties.
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15 November 2022 | 6 replies
Acquisition target: triplexes in Chicago north of I 290
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20 September 2022 | 17 replies
If I've missed something in one of the guides or forums, feel free to send me a link.Home prices in our area have started to come down and we are targeting to try and purchase at the end of this year.
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20 July 2011 | 49 replies
This is probably what they are targeting.
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12 March 2014 | 11 replies
@Rudolph SmithWhat areas do you plan on targeting for multi family, hard market for multi in JOCO.
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5 August 2014 | 1 reply
David,My agent has been the best at finding buy and hold property that perfectly fits my target numbers.
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21 October 2015 | 3 replies
If you haven't yet- be sure to setup some "Keyword Alerts" to get into conversation in your target area.Seeya around!
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31 December 2022 | 6 replies
Once those numbers fall off, we could be on 12 month 2% target again much faster than the Fed is forecasting.
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4 December 2022 | 12 replies
Buying a property that targets the wrong tenant pool can cost you a lot.Find a segment with a high concentration of dependable tenants.The only source for such hyper-local segment information is local property managers.