Looking for some insight here..I'm currently looking for a 2plex-4plex in a few different markets and am circling back to the idea of FHA owner occupied. I just want to understand the specifics here. My understanding ...
Hello!
Two and a half years ago, I bought a multifamily with an FHA loan, lived in it for about a year and moved out.
Then last summer, did the same thing, this time with Home Possible.
I was planning to get anot...
I honestly have a hard time preparing the right speech to make the occupied tenants feel good about moving out. It is a soft skill I simply do not have, so I am here to learn from you guys. I am happy to offer cash, b...
Hello,I want to buy my family home. It would be a direct sale with no brokers involved. The current mortgage interest rate is half of what I was quoted. Is there a way I can take on the current mortgage payments (at t...
Hi everyone, I am closing on a property near the Asheville market that I intend to use for vacations but also STR via airbb/vrbo. I am looking for insurance to adequately cover my liability as a potential STR as this ...
Hi All.
I'm a newbie that is in the stages of buying his first property.
What sort of operations work needs to be done?
* I assume registering an LLC. I'll meet up with a layer for this. Is LLC gen...
I am trying to offer on a fully occupied duplex. Trying to do FHA but my realtor says there may be problems doing it because of the lease and for me to need to move in right away due to it needing to be owner occupied...
I joined BP a couple of weeks ago and have been researching properties in my area. The majority of the properties in my area are between $115 to $130 sq/ft. Rents average $0.95 to $1.15 sq/ft. I have been utilizing t...
Hello,
My husband and I are getting ready to search for and hopefully purchase our first property in Charleston, SC. We have been doing lots of research on real estate investing in general but need a little g...
Currently purchasing a multi-family dwelling that we intend to rent indefinitely
After weighing the LLC vs Personal Umbrella Policy debate I was leaning towards the umbrella for this first unit.
I just read the 10...