Victor Yang
Taking a small loss to save on taxes?
Hello all,I am looking to buy an apartment building. Right now, the best offers around me are for some 1.3-4 million, that only generated around 100k per year gross, so there would be a high chance of not cash flowing...
Scott Pigman
Why Don't TX Realtors Try to Get Buyers to Pay More?
So today I got a lesson in how realtors work in Texas, or at least in the Austin market. I was more than a little surprised at how they do things and I'm trying to figure out if it's because of some silly regulation, ...
Will Ducusin
Will a co-sign to a loan increase the chance of pre-approval?
Me (and wife) are from Tennessee. My brother and his wife are from California. WE are planning on buying our first single family rental property in Tn. I and my family will be the first "tenants" for the property. Ou...
Ling S.
Buying 4plex as a first investment?
I am looking into buying a 4plex as my first investment property. Is it a good idea or should I buy a single family house to start with? In order to have a positive cash flow, only half hour drive distance and a safe ...
Mark Pappas
LLC in a house hack
My business partner and I are trying to figure out the best way to structure our first deal. I am looking for a duplex that I can live in while renting the other half. If we were to buy under an LLC, is it legal for...
Thi Dalley
Washer dryer hook up questions
We are about to close on a duplex in Grand Rapids MI. Upper unit is a 2 bed 1 bath. Lower unit is a 3 bed one bath. Currently there is laundry set up in the basement with access only for the lower unit. We are debatin...
John Anderson
What kind of rates are folks getting on a BRRRr refi?
With interest rates going through the roof, I’m curious about what people are seeing with regard to refinancing investment properties, especially those that are at a lower price point.I’m looking to invest in smaller ...
Tim Kaminski
Did I miss my shot? Lender cancelling Cash Out Refi
I started a cash out refinance right before the Coronavirus craziness happened and was told today that the lender wouldn't be able to close on it now due to my duplex investment property being a property type that the...
Nico C.
Flood Insurance Blues
I have multiple properties in a FEMA Rated "minimal flood risk" zone - but still in Virginia Beach, VA. VB experiences all the joys of a hurricane prone area as well as the weather irregularities of the southern east ...
William Coet
A Theory On Why Multifamiliy Won't be Affected By Covid
Correct me if there are things I'm missing, but here is why I think this situation is different for multifamily than any other recession.
This is not like any other economic crisis because the gov
immediately deci...