We frequently inherit section 8 tenants with the purchase of a new property. 

Had 3 different tenants in 3 different units purchase homes this year.

Purchase price: $200,000 Pair of duplexes purchased with 1031 proceeds from a previous sale with about 75% financing.

I'm just curious whether hard money loans are ever collateralized by anything other than the real estate being purchased.

I’m in the process of getting pre-approved to purchase a turnkey duplex.

We feel great about this purchase we are securing now. 

Elenis Hello Elenis, I plan to hold the newly purchased property for a long time.

Does anyone know the process when purchases a currently rented/leased small multifamily when it comes to assuming the current leases.

Depending on capacity with work and kids, you could consider a high yield side hustle to create additional income that is devoted to early retirement of debt or funds set aside to purchase additional properties.3.

Hi @Rehaan KhanWe just purchased a primary residence as first time home buyers in Dayton and one thing I would be wary of is foundation issues.