Hello BP,I been pondering the idea of doing a FHA loan for a house hack. Like most people, multifamily homes in the Bay Area are very much out of my price range. I was thinking about starting with a single family home...
I wasn't sure where to post this, but some tenants of mine have expressed interest in buying the home after their 3rd year of renting (which is coming up in September). This unit is a pretty good money maker for me, b...
Hello All, I filled out the application for the disaster loan and it was indicated that I would be eligible for a loan up to $10,000. A couple of weeks later I received an email saying the loan would consist of a $100...
After reading several post on the subject I'm still a little confused, please help.When buying property's from web base auction houses like HUBZU, they offer to split closing cost and they purchase title insurance for...
Hello, I finally purchased my first duplex using a 3.5% down FHA loan. I’ll be living in one unit, having a roommate paying me rent in my personal unit, and also renting out the other unit. I’ll be profiting a few hun...
Hello all,
I recently purchased my first rental property in the form of a four unit apartment building. I've already made several improvements to the property including new gutters, french drainage system, some mode...
Hello friends,There seems to be interest in the South Bay amongst folks here on BP (and for good reason, I think it's one of the most exciting sub markets in the LA area). As a native of the area who moved away to the...
Hi All, Would love some advice!My Scenario:I have 3 properties total1st house - I have a mortgage on about 50k and I have a HELOC on it that I haven't used2nd house - house is paid off and I own free and clear, it is ...
My parents are getting ready to sell their house in Pittsburgh, PA. I suggested they look into the potential of using the property as a short term rental. I know there are a number of AirBnB's in the area but I'm no...
Hi All,
I'm looking for neighborhoods in Indianapolis that is changing or moving up but that still has great cash flow.
Any thoughts?
Thanks,
Ron