I refinanced my owner-occupied multifamily rental property last year and now I'm struggling on exactly how to report the closing costs. I have tried researching previous posts and other sources, but I haven't found an...
Hello BiggerPockets family, My situation: I purchased a 4plex with FHA loan on Nov 2021 at 810k on Richmond, CA(Contra Costa county). County is saying that my property tax is close to 16k(1.94% of the property value)....
Hello everyone,Bigger Pockets provided a lease agreement for Arizona which has an option to require the tenant to a include liability requirement in their renters insurance.I'd like some advice to help me understand i...
Hi All -Must an FHA loan be one of your first 4 mortgages or is there no relevant restriction? To put it another way, can a 5th+ mortgage be an FHA loan? Are there any other relevant considerations surrounding the num...
I've got a deal that I think is a good one, but am a little uncertain about some of the numbers:Here is the deal:Duplex with $750/mo rentPurchase Price $28000Down Pmt $18000Owner finance $10000 at 0% for 5 yearsClosin...
I own a 4plex that cash flows $795 with 10% vacancy, 10% capex, & 10% repairs included. It feels like ever since I bought it, it's been a capex nightmare (roof, two heating systems, replacing gutters, etc). I dont...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $776,000
This is a 4 unit townhome complex. Each a 1350 sq ft 3/2.5. Brand new build. We're purchasing from the ...
Hi all... We have bought all of our rental propertes with conventional loans and now have a more difficult time getting loans due to the fact that we have so many mortgages in our name. The lender we use has pushed a...
Looking at another potential 4 plex deal. Fully occupied, Listed at $129,000, #4 2 bed, 1bath units rents for $525/unit now, zoned commercial so would have to use commercial financing, tenants pay electric, landlord ...
Title pretty much says it all. This is how I'm running the numbers while looking for a house hack. What could I be doing better?