Hello Bigger Pockets!My wife and I are budding real estate investors, and for our first deal we're working on a house hack. We live in the Midwest where prices are reasonable, so a multifamily makes sense. We're earl...
Hi there! I have a 4 plex financed with conventional mortgage. I am thinking about adding a fifth basement unit down the road. Could I refi using a commercial loan BEFORE I do this, or do i add the fifth unit and th...
I have a duplex in Rosewood, Columbia SC and I spoke with the City of Columbia zoning to ask if I can add an additional unit to the property. They said that my parcel of land can hold a max of 3 units so I can either ...
Can someone with lots of familiarity in real estate taxes confirm whether or not it would trigger capital gains when my co-business partner and I exchanged our 50% interest in each of our respective unit of the new tw...
Hi all! As the multifamily supply is so scarce in Colorado, I was looking for creative ways to buy my first house hacked MFR.
Does anyone have experience with building/buying/selling MFR's in Denver/Boulder/Ft Colli...
I have been looking for multifamily buildings that I can perform the BRRRR strategy on in my hometown of Seattle, WA. Unfortunately, I haven't had any luck finding a deal that even remotely makes sense. It has been...
Hi All,I'm currently buying a property for about 300k (putting down 25% with an interest rate of about 5.3%). It's a 2 family and both units are currently rented out below market (at about 1,100 and 1,500). The mortga...
Does it ever make sense to pay "rent" in a multifamily in which you are an owner/occupant? I am curious how an owner-occupied unit shows a rent history if the owner does not pay rent.Is there ever a business justifica...
Hi all, I was hoping for some help to decide if it may be a better option to use a hard money loan or an FHA to acquire my first rental property. My goal is to buy and hold for cash flow by purchasing 2-4 unit propert...
Since you are able to carry only 1 FHA loan at a time, I thought that it would be reasonable to maximize its potential. I will briefly describe what I am referring to. Through an FHA loan, you are permitted to purchas...