I'm new to REI. Does a duplex fall under conventional residential lending? Are the down payments and interest rates higher? I know not occupying the property raises rates and excludes FHA loans. Thanks
Hey I'm wanting to buy a house and use the BRRRR method. I'm buying about 2 hours away from where I am living. My brother in law lives in the area and is a Custom Homebuilder so I will use him for help with rehab cost...
Hi BP, has anyone had success in luxury house hacking in the San Diego area, specifically coastal north county (Del Mar-Carlsbad)? It's best to invest where numbers make sense but live where you want. Luxury house hac...
I am looking at 2-unit apartment buildings and many of them have a "3rd" unit as a garden or basement. Because they are out of compliance with zoning, it seems that there could be some exposure to city violations, et...
New investor as of early this year.Scenario: I own one duplex in Madison, WI that I owner occupy. I put 20% down, put 15k into renovations, and now the rent currently covers 100 % of my mortgage. I currently have ~...
I just purchased a multi family house and I decided to rent to a section 8 tenant who only have her children on the lease but everyday I see the boyfriend who was not mentioned in the interview process. Not sure what ...
Hey everyone. I have a second property that my parents live in so I am not making money on this house. I am looking to buy another long term rental property for wealth generation. I have enough equity to take out 150k...
My wife and i will both be Navy veterans attending college in the Portland/Biddeford Maine area. Looking to use our VA home loan to house hack a multifamily home. Were not having any luck finding any. Any strategies y...
BP members, those of you who have house hacked what was your experience like? I am currently looking for a duplex. Live in one side rent the other. Often I here people say this is a great way to live for free or clos...
I want to start running a tighter ship at our 4 family.
One of the things on my list is the basement. I can see a table or two by the washers and dryers, but that should be it.
Do you guys allow items like, say a b...