Elie Merisier
Transitioning from buying a Single Unit properties( SF, Condo, etc.) to Multifamily
Hi, I hope you're doing well.I am planning on purchasing a single-unit property either a Condo, Single Family or Townhouse as an Investment Property. Questions:1. I wanted to know when it comes to financing with a ban...
Lei Zhao
Leasing Agent Fee Tax Deductions
Hi Everyone, I'm new to the bigger pockets forum. Since the tax season is right around the corner, I'm wondering that how can I write off my leasing agent fee? I worked with one for the leasing agents at Austin area,...
Jack B.
Proof at lease signing that tenant received prop condition doc
Right now when I do lease signings tenants sign and date each page of the property condition report, then I take it home, scan it and email it to them, asking them to reply that they received it. Only flaw is that the...
Alan Asriants
Why house hacking a 2-4 Unit Property is the best first investment
This is just my 2 cents on what strategies I recommend for new home buyers/investors. Everyone's journey is different
If you can, I think buying a solid 2-4 unit property in a solid area utilizing an FHA loan is an a...
Charles D.
Any tacoma landlord here and I have question about eviction
I have a house in Tacoma. Washington state will now allow to evict until after Aug 1st. City Tacoma has law that 60 days of written notice for eviction. I called the city and talked to the person there and was told th...
Summer Shelton
Income from property considered when applying for loan as primary residence
When purchasing a small multi family property as a primary residence. Does the bank take into consideration the income from the other units? Wanting to use a FHA loan but will likely do a in house loan with a bank. L...
Mike Francis
Other Lending Options for first time home buyers?
I have a house for sale where the interested buyers are a couple of months away from having the lender required pay-stubs. Both buyers are new college graduates, one with a masters degree with excellent credit, and bo...
Henry Lazerow
New conventional loan options for 5% down house hacking 2-4 units!
My lender emailed this out this morning. Seems like a great option for Chicago as the FHA self sufficiency rule all but eliminates Chicago priced 3/4 unit purchases. This loan will work same as Conventional terms mean...
Amy Lee
FHA vs conventional loan
What would be the perks of using an FHA loan to househack on a multi family home (duplex-triplex)? There's the lower down payment but that makes your mortgage higher, you have to pay the the PMI (I forgot the term on ...
Chris H.
What is this community's thoughts on cosigners?
I have a potential tenant for my rental that didn't pass credit checks.
They have asked if they can have a cosigner.
Is this something I should consider?
This is my first rental- and I ended up getting in an easy f...