Eric DeVito
Multi Family Homes Advice/Help Needed.
Hello all, I have been looking at Staten Island Homes, multi family to be exact at a max price of $299.999. I would feel most comfortable buying around 250,000 or less because I was thinking the less I go and still pu...
Daniel Ditto
Institutional financing- What determines the financing model?
With little experience I am trying to understand how you make the decision between the type of institutional financing you go for on a buy and hold rental property. What I have seen discussed on BiggerPockets has only...
Joseph Bernal
Getting Financing on Multi-Fam that needs repairs
Hey all! I am new to investing in rental properties and have a goal of acquiring my first Multi-Fam in 2020. There is a TriPlex I am interested in pursuing after running the numbers. I want to finance my first deal...
Jimmy Cooper
Is it possible to house hack in Orange County CA?
Hey BP Crew! I am a 33 year old sub contractor, I have a young family wife and two kids (two under two). Just wondering if it is possible to house hack in Orange County California, without a down payment over $200,000...
Bruce Woodruff
Theoretically speaking.....max down or minimum down...?
So let's say that you had $500,000 cash to use as a down-payment.....You want to purchase a $1 mil multi-family building.... Would you use the $500k to get a 50% down and lower payment? Or split it in half and use $2...
Richard Moreno
private money for down payment
Hi BP, I am looking to buy a 6 unit building, but I don't have enough for the 25% down payment. But I do have a client that might be interested in lending me the down payment, which would be about $200k. Not sure how...
Jason Gass
Financing Personal + Rental Properties with Large Down Payments
I am moving my family across the country to the Portland, ME area. After the sale of a business and our current house in WA state, we will have about $200k to put down on a personal residence in Maine. Once back in Ma...
Phil Janasac
Renting In-Law unit on AirBNB?
My wife and I are looking at purchasing a multi-unit in the Jefferson Park neighborhood of Chicago. We would owner-occupy and rent out other units. There’s a two-flat we’re currently interested in that has a finished ...
Mariela De Leon
Tips on investing out of state with the intentions to relocating
I am in the process of relocating from California to Tyler, Texas. Looking to get tips from anyone that is familiar with investing in 2-5 unit multi family out of state especially in East, Texas? What would be your ...
Michael Zack
Offer accepted...is this good financing?
How do I evaluate whether this is good financing or not? Are rates different for multi families? I thought rates on 30 year fixed right now were around 4.0%...
With 20% down $108,000 down payment; add in closing cos...