So im currently in the market to purchase my first rental property. Initially I planned to purchase a multifamily home through FHA 203K to rehab home and build equity in home while providing low downpayment of 3.5%Now...
I have a 5 plex I'm closing on in GA. The current rents are below market rents. To get it up to the market, I would have to increase rents by about $500/month on each unit. 1 unit is in poor condition and is MTM so I'...
Can you “house hack” a 2/3/4 unit multifamily as a 100% VA-disabled veteran in Texas and avoid paying property taxes if it is your primary?
As a disabled veteran, with a combined 100% rating through the Department of...
Hi there.
I have a house I have owned for 18 years. I have about 700k equity in the home in Lakewood, Colorado and am trying to figure out the best decision to sell or buy.
I want to invest in flips and brrrs and...
My background in Real estate would consist of owning my home and 1 rental property, that I break even on, every month. By "break even" I really mean, that my mortgage for that property is covered by the rent, but a...
Hello BP.. my first post... im in the process of purchasing a rental property.. waiting for my counter offer to be accepted. I had to take out a non owner occupied loan.. the property was 250k putting down 25% with a ...
Hello everyone! I would like your thoughts on something that I have been thinking about recentlyI have purchased a duplex that I will be occupying. My plan is to update both units, rent and refinance to purchase anoth...
Lets say you have a million bucks and looking for a Multi Family to invest in. Where do you start? Do you consider many cities and look for the best purchase, or focus on specific area that you know well and settle fo...
Hello everyone,My name is Paul and this is my first post on BP. I'm a 36 year old Afghanistan and Iraq war veteran (no longer on active duty) looking to purchase my first investment property sometime late next year. ...
Housing affordability is at a forty-year low, and we bet you can feel it. Buying a house seems impossibly far away for first-time homebuyers, rent prices are still far past pre-pandemic levels, and mortgage payments a...