Julian Illingworth
PDX - existing SFH, build additional 3 units in back...?
Purchased a SFH in Portland Oregon zoned RH (multifamily) in January that sits on about half of a 3700 SF lot. The house was in poor condition, but did pass appraisal and qualify for a loan (after laying temp carpet ...
Carolina Mejia
Commercial space to house hack
Hello everyone- I found an building 3200sqft in a sleepy town in GA. I was thinking and realized with the space I can build out basically a quadriplex. It would take moving around the walls, adding 4 showers to the 4 ...
Toby Copeland
Avoiding Property Tax Reassessment
Hello All,This is my first post and it’s a doozy. My Father in law purchased his home back in the 80’s. It’s in California and the tax basis is quite low. The home is owned in a Trust and his 4 children are the ...
Matthew Sichel
Time to refi or wait a bit longer
Hey,Looking for alittle advice on my situation. Me and my fiance purchased a 2 family house last November using an FHA. Purchase price of the home was 699k and we put down 10%. Interest rate on the loan is 7.25. (We b...
Bryan Tasumi
Houston worth investing? Prospective medical student needs advice
Is Houston worth investing? I plan to work in Houston as a health care professional as they have so many hospitals. I want to house hack but not sure if I should buy a SFH due to hurricanes and flooding. If there were...
Anderson Bigate Nogueira
Tax increase driven by sale transaction
Hello BiggerPockets members ! would love to hear your experience on similar scenarios. I'm preparing an offer on a multifamily and I am expecting a big jump in taxes and want to factor this in my numbers. This is in T...
Julio Contreras
Seller counting unpermitted studio's rent income as part of the cap rate
Hello BP peeps!I have a dilemma. I found a duplex in Los Angeles California that has an unpermitted studio. I noticed that the seller and agent has put the studio's income as part of the NOI. I am wondering if this is...
Bon Khator
Multifamily Investment Property - how to get mortgage for LLC
I am in process of buying my first investment property and need some advice. I couldn't find any lender who will give a conventional loan to a LLC so I got the mortgage in my name and the idea was to transfer it to LL...
Lauren Hogan
Getting a Conventional Loan Under an LLC
Buying a property that will eventually be owned by a LLC, as "child" of a series LLC. There are two owners, however, for the purchase of the property - one owner is paying all cash, the other owner will be financing t...
Casey Marquette
Newbie - need advice on my strategy
I have sold 5 houses in the last 8 years. I am losing money every time I sell. I frankly can’t sit still and based on my past behavior have come up with a proposed strategy.
I just sold my condo and will be purchasi...