Hi everyone - My husband and I are planning to buy our first property as a multi family home and put it on rent. I have looked up Tenessee, Vegas and Arizona. Arizona and Tenessee look good. Our budget is around 800-9...
Hey everybody! I'm using the BRRRR method in Texas, however, I am running into some challenges finding a lender who will do a cash-out refi on the properties I recently purchased. Do y'all have any pointers on finding...
Hi guys!I'm partnered up in a duplex that has joint title with me and my partner out in Phoenix, AZ. Our original numbers were as follows.Original Numbers-$309K Purchase Price at 4.875% 30 year fixed-$278K Loan Amoun...
Hey all,
This is my first post here. Loving this community!.
I am 25 years old, working from San Diego for past 1 year after my Master's. I am on a work visa. Looking to build some real-estate equity. Looking to p...
What department should I try to contact to determine if bandit signs are illegal in the areas that I'm targeting?
Tried looking at the codes online but haven't seen anything so far.
Who should I call?
Looking at my first duplex and was wondering if the 1% or 2% rule still applied when I plan on living in one of the units for at least a year(FHA Loan).
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $175,000
Cash invested: $10,000
Purchased as a bank owned Duplex during Great Recession. Required renovatio...
Hi there,
With rents in San Francisco fluctuating all over the place I am wondering if it is a good time to find a deal on a multi family unit (duplex/fourplex) with a recovery in the future in mind.
I had a few qu...
Wondering if anyone has had a successful cashout/refi on a multi-family property with a short term rental. We haven’t found too much information on how/if income from that unit is considered or calculated or how loa...
When analyzing a deal on the BRRRR calculator the initial monthly cash flow reads:$2,161 Pre-Refinance/ $640 Post Refi
When I scroll down on the PDF the 50% rule says:Total Monthly Cashflow using 50% Rule: $1,250-Pr...