Hi, I'm looking to buy and rehab a 2-4 unit multifamily in San Francisco where I'll be occupying a unit while renting out the rest. I'm currently exploring loan options that would fund both the purchase and rehab cost...
When purchasing a small multi family property as a primary residence. Does the bank take into consideration the income from the other units? Wanting to use a FHA loan but will likely do a in house loan with a bank. L...
I am buying my first property, which is a fourplex. It will be owner-occupied and I will be living in one unit. I can afford to put 20% down and get a conventional loan, but should I really be considering an FHA Loa...
I live in a HCOLA and am interested in purchasing a 4 unit multifamily property listed for $1.6 million. I would be occupying one of the units for the next 3-5 years, and would rent out the remaining 3. I am trying to...
Hello everybody! I have been signed up for quite a while on this site but really need to start taking advantage of the great resources it offers. I am super excited to start meeting people on here and making connectio...
How does financing work for multi-family FHA/ conventional loans? What additional documents would the lender require for conventional loans?
Hello BP ,I am a newbie in RE from Fresno,CA .If someone can provide me any tips on where to start and how to find a distress property and sell it after repairs .If i can find any local REIG in Fresno,CA
Niche: Buy & HoldStrategy: House-hack 1st investment Challenge: Expensive area (Bay Area)I want to start my real estate investment by using the house-hack strategy for the first investment. I am open to a duplex o...
Can someone confirm or deny whether or not 75% of the potential rent roll of a multi family has to be able to cover the all in cost of a multi family when securing and FHA? I’m finding multi family properties but then...
Hello BP members
I’m in the process of purchasing a 4 unit MF property in CA with a owner occupied FHA loan at 3.5% dp, but we just encountered a problem. Long story short the property did not meet the FHA self suff...