Jim C.
Need some financing ideas for a 5 plex
Need some financing ideas for a 5 plex
I finally found a property that looks good…so far.
Here is what I know:
5 family building
Property consists of 2 one bedrm units, 1 two bedrm unit, 1 three bedrm unit & ...
Raymond Lawton
2nd Owner Occupied 4-Family Lending
About a year ago I bought my first four family with an owner occupied loan. I would like to buy another four family soon with a fixed rate 30 year loan, but was informed I could only buy up to a three with an owner o...
Karen M.
Just curious -- how much is a bedroom worth?
We have an interesting situation where both properties on either side of our house are selling. (We are honestly very nice neighbors, really!!!)Our 80 year old neighbors moved to a senior apartment and sold to a nice...
Joe Clifford
Would you Rent by the room with a 4 bedroom 1 bath unit?
Hello - I am looking to purchase a multifamily property that is a 3 bed /1 bath and 4 bed /1 bath. We are planning on furnishing the property and marketing it to traveling professionals. I am concerned we will run int...
Robert McConnell
1st fix and hold - How did I do?
Greetings,I wanted to post the results of my first fix and hold. The property is a two family in Albany, NY. Each unit has three bedrooms and one bath. It was vacant foreclosure at the time of purchase. I used a HELOC...
Benjamin Aaker
What to do about multifamily vacancy rate increasing
The multifamily vacancy rate is up to 6.3% nationally. This is still low but the increase worries me. I'd like to hear from the experts on this forum about why they think that the rate is going up and what it's affect...
Jeffrey Thomas LaPenna
Compensation for poor living conditions
Thank you to anyone who can assist us!
My roommates and I recently moved to a new house that is managed by a leasing company. One month prior to moving in we made a 100 page document with photos and descriptions of ...
Eleena de Lisser
The Cold Hard Lessons of Mobile Home University
The Cold Hard Lessons of Mobile U.
An excerpt:
"It was Day 2 of Mobile Home University, an intensive, three-day course on how to strike it rich in the trailer-park business. Seventy-five or so stud...
Joe Calderon
Methods for finding market value of a property
There are many methods used to find the market value of a property. Some are preferable to others, especially in distinct areas. In other instances it is best to mix up three methods and compare the prices thereof.As ...
Aaron Marx
Planning a buisness vacation.
My wife and I have a mmllc for a duplex in iowa. Would my planned buisness trip qualify for tax reasons. We are trying to go to hawaii this coming May for a ten day trip. Would my plan qualify a buisness expence regua...