Sieanna Ariel
Owner-occupied 203k Multifamily
If one is to go about real estate using a FHA loan specifically the 203k for rehab and purchasing, what will cover the owner-occupied expenses the first year? What happens during the one year period of occupying a mul...
Luis Garcia
House hacking and finance strategy idea
Hello,My daughter is relocating to Chicago middle of next year. She hasn't settled on where to live yet. She may live in an apartment first before deciding. I'm suggesting she consider a small multi family. She w...
Cameron Mertens
First time buyer - question about the right mortgage for us
Hello! I am currently renting an apartment with a roommate in Los Angeles but we have been bought out of our place and are now looking to potentially do some form of house hacking with our buyout $. The full scenario ...
Yixue Zhao
5% down single family vs 20% down multi family?
Hello everyone! Newbie here, trying to buy my very first property as owner-occupied and I'm very excited! I have a few questions that I want to get some advice from the pros in our lovely community ^^Background:I'm re...
Jake Drappi
BUY AND HOLD NOW OR MULTI FAMILY SYNDICATION LATER
Hello BP!I am still a newbie investor, looking for small buy and holds and possibly BRRRRs. As of right now, I can go down many routes, but finding the right pay seems to be the hardest obstacle. Financially, I am a...
Nathan Owen
Insight on scaling up
I sort of stumbled into real estate a few years ago with house hacking. I have since moved out and got married, and we currently rent out my old house and use that rent to pay for the mortgage of the new house we live...
Atisha Fordyce
I'm the Victim of Real Estate Fraud in Philly
I was blind-sided with the news that my recently bought two-family home is legally a SINGLE FAMILY dwelling. I closed on the home in November of last year. It appraised for $300,000. I live in one unit and rent out th...
Brian Dean
Scaling Number Of Properties in Canada
Hi, I’m new to the BP forums as I wanted to hear more specifically from Canadians but I’m a long time podcast listener. Two friends and I together own two small multi-family units (Triplex and Fourplex) in Windsor Ont...
Allan A Ramirez
Conventional LTV and Appraisals
Hello, I have a question, let’s say you’re looking at a multi-unit and the seller agrees to an MLO(master lease option) for three years at an option to buy for $400,000. At the end of three years, because of your repa...
Jeremy Mulvey
Pay 20k capital gains tax or Re FI in order to own 1year+(1031)
Hello,I have a "flip" house that is nearing completion, Its a 5/2 split level and the market is pretty hot in my area. Purchased for 125k put approximately 60k in and will sell for 250-270k. I have a private money loa...