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Hi, I want to build a 3 bedroom house to rent out, but my income is a bit low (60k) to qualify for a loan (need 80k). The property will cash flow the day it's completed and will have 20% equity since i'm building it m...
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Hello,
I would love to hear from those that bought an SFR and transformed it into a multi-family rental property, i.e. a duplex.
Can you share your story on that transformation?
What made you want to transform it?...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Saint Paul.
Purchase price: $220,000
Cash invested: $4,000
Sale price: $240,000
Used FHA financing to house-hack duple...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $21,675
Cash invested: $4,200
Another BRRRR deal. Seller financed the purchase and private money for the rehab. My ...
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Hey everyone just wanted to write my first post on BiggerPockets. My name is Chris from Long Island, NY. Discovered BP a few months ago and have consumed all of their content. Listening to multiple podcasts/webinars a...
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Hi BP
Man, I need some analysts and advisement please. stressed!! 2 separate deals i'm working on, it may be best to seek JV-partner to ease my loads. Anyone have advice on the ways to seek JV-wholesaler? Any advice...
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I'm new to house hacking in Charlotte, NC, and could use some guidance. For those seasoned investors out there, what spreadsheets or tools do you recommend for tracking expenses, receipts, and cash flow? I want to sta...
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I know of a "friend" who converted his garage and is renting it out. Also "he" added a bedroom and bathroom to his house to accommodate himself. "He" did a "good" job on the construction but is wondering if he should ...
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Does this look like a good price/deal for a two unit bldg., probably in a c-class neighborhood?5.5% estimated rate$770 estimated monthly payment (includes taxes and HOI)$25,000 Estimated down payment (20%) and closing...
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If you're looking at a property, and the owner pays gas, electric, water, and / or trash, what are your thoughts on transitioning the next tenants that move in to paying all of their own utilities? This is assuming th...