Niboom T.
HELOC options on a rental property with FHA
Hello all,
I have a 2 unit multi family in Chicago that I purchased around in 2019 with an FHA 3.5% down at $420k as a primary residence during the time I lived in Chicago. I’ve put a bit of money into the building a...
Daniel Miller
a Good problem to have - what to do with windfall profits??
So, after 10+ years of renting my dad's house (I still call it that, though he passed away years ago), I am selling the house once the current tenants move out in a couple of months... y'all advised me very helpfully ...
Matthew Anderson
Drawbacks of the master lease option
Thinking of using a master lease option for my second deal. What is the main drawback to this method? Any big no nos when talking to potential sellers and owners?
Angie Castro
House Hacking a duplex (or small multi-family)
I'm making this post because I feel like we should be educated and there is a lot of info out there about house-hacking and how you could use an FHA loan live in one unit and rent the rest of the units. This is a very...
Account Closed
Mother-in-law suite house hacking?
Hello everyone, I am trying to get into my first house hack and have been looking for multi family properties for over 6 months now in my area to no avail. Recently we switched our search to single family homes with a...
Franchell Bryant
Hard Money lending ,FHA Or Conventional Loan for first rent prop?
Hello everyone! I need advice on which type of funding to use to get my first rental property in Houston, Texas ? Help please. I have information overload and just need to get started.
Sadierose Saucier
Cash out refi vs. HELOC
Hello! Currently own and rent 2 multi families (triplex and duplex). When we refinanced, my mortgage lender said we only had the option to do HELOC, not cash out refi. What are the main reasons for this? HELOC’s are ...
Kelvin Hubbard
Has anyone did a Single family to duplex conversion St.Louis area
I am thinking of purchasing a single family in the St.Louis County area and wanted to know if anyone has done this before and can provide any tips or info?
Sandy Morales
Assistance Needed -with the Calculator for a Multi-Property
I just joined as Pro last week. Was looking forward to diving into to work with the calculator to run some numbers for an off-market multi-family property. We did not get assistance from Support to assist us with fig...
Ryan Ness
1 Hour Away from Indy - Lending options?
I am currently located in Lafayette, Indiana. I have been living in a duplex househack that I purchased in 2021. I would always prefer to use as low a down payment as possible, but I understand that being located 1 ho...