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I am currently looking for a bank that will loan less than 25% down for multifamily units. We plan to buy a 4plex in the Atlanta area and live in it. The loan would be a First time home owners loan and I would like to...
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Investment Info:
Single-family residence buy & hold investment in Philadelphia.
Purchase price: $185,000
Cash invested: $36,000
This is a simply brick one family rowhouse in a desirable residen...
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I have no idea if this plausible but the goal here for myself is to cash out the equity in my rental while bringing on a partner 50/50. I'm not interested in getting financing for the equity in the rental, but rather ...
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Hi all, My fellow BP members, I wish to gauge feedback and interest involving a certain strategy that I'm looking to implement in regards to new construction here in Atlanta. In a nutshell, instead of building a full...
4 units all metered separately, all one bedroom. Basement - $850 plus hydroMain floor- $750 plus hydro2nd floor- $650 (caretaker) plus hydro 3rd floor- vacant but can rent for $750 plus hydro. Landlord pays for heat a...
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Good evening BP Community. I'm a rookie trying to break into the market. I have been interested in long-term rentals for some time and looked at fix and flips when I was much younger. I'm a 22-year Army Veteran. In m...
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Suppose I have $1,000,000 loaned to a dentist to finance his medical equipment (decent credit background). The payments are due monthly over 5 years (60 months). The monthly payment is $21,247.04 for the life of th...
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Hi, I just leased to a new tenant (six-month lease) and the tenant has moved into the premises this month. Without my knowledge and consent, the tenant brought in a pit bull (or similar breed). I discovered the pet wh...
My wife and I are seeking out our first investment property, with the goal of acquiring a portfolio of cash flowing rentals for passive income. We purchased our current home (SFH) with an FHA in 2010, before we ha...
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Hey everyone! I'm looking for some tips on how to acquire a small multifamily (1-4 units) in a slow market to house hack. I just recently got approved for a loan and have been working with my agent for about a month a...