For the experienced investors here. If a property cash flows on a fixed mortgage, is it relatively safe to get as many mortgages as possible? If so, how many will the bank lend and how many are you comfortable with?
I currently own a single family rental in a single family zone right in the heart of the city of Seattle. The home is old, built in 1919 with original plumbing, wiring and two major floor to ceiling cracks in the foun...
Hello, I'm lost and need some guidance. I'm considering a 2 story SFR with a mother-in-law at the basement level, in Seattle. The SFR was converted to a triplex and is on a fairly major cross-street with other apartme...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Panama City.
Purchase price: $410,000
Cash invested: $10,000
This is a very unique property with a 3/2 a 1/1 garage carria...
We are buying two duplexes and would like your perspectives....today, whether you prefer a 30 yr or a 15yr fixed? To be completely transparent, all of our past purchases are all 15 yr fixed.Thank you in advance for yo...
A building has 2 main units with their own meters for utilities. However, there are also 2 non-conforming spaces. One liveable attic space with its own furnace but all of its utilities are connected with unit 2. The s...
My lender @Chris Mason called me today to inform me of something incredible:Apparently all the mortgage insurance providers he is aware of are suddenly no longer offering mortgage insurance for super conforming Home P...
Is it almost always bad to get rich quick? What ethics go into getting rich slow, or with less risk? If anyone is a get rich quick personality, what traits make you that way? Or the get rich slow people? I’d say ...
Your goals and story: I have a multifamily home under contract. I am planning to "house hack" by living in the basement unit. The property is only permitted for two units, but there are a total of three units. The bas...
Hi all,Got a letter from City ( Orange Co Ca ) who wants to inspect my unit.I have 3 units instead of 2.Appreciate any advice.Would an attorney be needed ?Thanks, R