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so I have this mobile home deal that I'm getting for 12,000. It is split into 4 rooms 2 finished and 2 unfinished. I am borrowing 5,000 and paying 1,000 a month until I pay of. I plan on renting out all 4 rooms 150 a ...
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how do you calculate how money money you should have in an emergency fund for the property to cover vacancies/repairs? I will give you a scenario. Lets say the home you own and rent out is valued at 125k and was bu...
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My parent's home is a custom build built in 2003 in a desirable neighborhood with above-average schools in a suburb in Buffalo, NY. 4 bed, 2.5 bath and 2,522 square feet. Unfortunately, my mother passed away a few mon...
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Hello,First time posting on the BP forums. First off Thank you all for your insight and knowledge! I’ve been doing research for the past few months. Im going to take the house hack route. I thought of an interesting p...
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I've been giving my Mom an "allowance" for years now. She's moving near me and will be renting a
SFR property that I'm closing on next week and paying me rent. I'm trying to decide if I should actually have her pay r...
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Looking for expert legal and tax advice - Just found out I could potentially borrow in another country with a very low rate and have been thinking about how to put this opportunity to use while having a proper legal a...
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Hello, I’m new here and thank you in advance for your support. Long story short, the choices I made in life reluctantly led me back to living with my parents and I now pay their mortgage. My name is not on the mortgag...
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I have a client who is selling his current investment home which he purchased for his parents ( and with a different lender). We can offer him a loan program which he can purchase a “primary residence” for his parents...
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it’s time for my sister to buy a house it’s 420k she can’t qualify because of down payment. I have cash I need to invest. How would you go about doing this? My thoughts are I put down 150k to buy half ownership wish b...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $612,000
Cash invested: $91,000
Purchased a duplex to house hack in May 2022. Put $30k of my own into the de...