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Bigger Pockets Community - what are your thoughts on the housing markets as it relates to todays now confirmed recession. Investors, how is this changing your strategy? Brokers, Lenders, and Agents - how do you see t...
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Hello,
I am in Massachusetts and I am in the process of closing a duplex with tenants in each unit. I would like to know what is the best way to structure the finances for the properties. These properties are going t...
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Looking to make an offer on my first rental property. It is a two bedroom, one bath condo unit in Oak Lawn, a southwest suburb of Chicago. Neighborhood is a nice, middle class area.
Listed as short sale on ...
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Hello all,
I have about $400/month leftover after holding costs from my house hacked triplex each month to put towards maintenance, turnover, and capex. It seems ridiculous to let that money sit in checking or savin...
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FYI Because I think this will have a larger impact on pricing than the shelter-in-place orders. Not only have interest rates crept up but overall terms like reserves/escrows and debt service coverage have increased bu...
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Hi there,Just got 2 supplemental property tax bills for a house I purchased earlier this year in CA.Anyone know if lenders typically allow the use of the money from an impound/escrow account to pay for these or on my ...
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Hi all,I'm hoping you can give me some feedback on a deal I'm currently underwriting. The property is an early 1900's duplex (one up/one down) in Mount Vernon, WA, within walking distance of the very popular Co-Op an...
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Hi everyone, I am wondering if it is possible to be approved for an FHA (or other low down payment owner occupied loan) after buying two investment properties with two investment loans.
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Hi Everyone,
There is a for sale by owner triplex I am interested in and I am newbie. What would some smart questions to ask seller? If I ask about owner financing what are some ways I could offer to structure the de...
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I purchased my first triplex last March thanks to the Bigger Pockets community. It has done well. I am now ready to take the plunge. I cannot find any decent multifamily properties in the market that I am intereste...