HI BP,Hoping to brainstorm with all of you on ways to finance my second property. My brother and I purchased a property last year and have been living in it/renovating. Things are going well, we'll be renting it out i...
If you started fresh and had $100k to spend, what would you do and why?1) Use it to purchase primary home, keep for 5+ years and then do a cashout refior2) Go straight to buying rentals that may or may not cashflow no...
Hi BP- buying my 3rd multi-unit property.
I’m putting a contract on a 4plex
I’d like to understand which financing option is better:Option 1 - Residential loan- 7.99%, 30 yrs, 25% down. 3 points at closing plus ...
I am currently studying for my Builder's License here in Michigan and I am wondering if anyone on here has experience in building small-multi family apartments? There is a shortage of attainable homes and housing opti...
I am new to Bigger Pockets and am seeking advice on whether it is better to purchase a multi family or a condo as an investment property. This would be my first investment property. I have read a lot of benefits about...
Hello,
I am looking to get started in RI by looking into multi family properties. I plan to run the numbers off of putting 3.5% down and living in one of the units for a year and then renting out that unit as well. I...
Hi All,Been a long term reader, first time poster. I moved to Chicago 2 years ago for work and have been renting ever since. I've got a lay of the land and i'm ready to jump in but wanted to reach out for some advice....
Hello BP Family,
OBJECTIVE
My wife and I want to make our first purchase a multi-family property (preferably a fourplex). We currently rent an apartment, but wish to become owners.
PLAN:
The plan is to occupy one o...
Hi. I need some guidance. I am new here in Bigger Pockets and I purchased a rental property in San Antonio, Texas back in 2019 with little knowledge back then, in real estate. Now the property is about $300,000 as per...
Hi, I moved to Charlotte last year and have been thinking of trying to house hack. Just looking in around, I don't really see many options for multi-family homes. I was thinking about house hacking in Charlotte with a...