Luis Blanco
First Time Home Buyers
I’m getting married next month and me and my spouse are looking to buy a duplex and househack. Would we qualify for FHA, or any other first time home buying programs that are available? She has a full time W2 job maki...
Anton Gerondine
Remodeling and Developing Triplex into 4 or 5-plex
Hi folks, first timer here! My wife and I have entered the market this year with our first purchase. We're located in Berkeley, CA, and own a parcel that has a 1000sqft house (2bed/1bath) in the front and a 2x800sqft ...
Robert Zazac
You have $10,000 and this goal, how would you spend it?
Hello all! Fun and useful topic that I hope produces a few different responses. If many of you agree, even better. The cash resources to use in this case are 10k, and the goal at the end of the day is acquiring a n...
Guan Hong Guo
Income Criteria for Multiple Occupants
Seem like a silly question but I'm renting out my first rental in the Bronx. For applicants with multiple adult occupants, do you take the combined income for everyone into your income criteria? For example if rent is...
Brian Volland
Nonuple Closing or How I Learned to Over Complicate Things
Hello fellow BPers,I find myself in a unique situation that I am hoping someone with more experience will be able to help clarify for me. The short explanation of the situation is that an 8-unit, 2 building property (...
Andrew B.
Which is more desireable to tenants?
Hi everyone. I had a random thought while comparing potential properties. Some houses have all the living space in one or two big rooms, living room and dining room, or a combined living/dining room. On the other hand...
Julio Gonzalez
Real Estate Tax Deductions Part II
In part II of Real Estate Tax Deductions, I want to talk about the Passive vs. Non-Passive Rule. If your income is less than $150,000 per year, you are allowed to claim up to $25,000 in passive losses. Rental income f...
Jose Nunez
Combining Fha loan with an assistance program in NJ?
Hey everyone, hopefully I'm in the write forum. I don't have much cash, but I want to get into a fourplex. So i figured an Fha loan would be my best option. But here in NJ, where I currently live and am planning to bu...
Mel Hayes
Need to enter my tenants garage for repair. What type of notice?
I have a notice to repair the garage doors in my triplex. My tenants have padlocks on the doors. I'm not entering the unit so what type of notice do I need to issue to the tenant to remove their padlocks?
Mitchell Coles
Prime Center City Gem: High-Yield Investment on Locust Street
Investment Info:
Condo buy & hold investment.
Purchase price: $189,000
Cash invested: $15,000
Welcome to the crown jewel of Center City, Philadelphia—a standout property in my investment portfoli...