We purchased a 5 multifamily in Corsicana, TX last year and have slowly updated a few of the units that have became vacant. New rents for update ones are $775-$850. We currently have 2 units that have not been updat...
I am purchasing a 5 family that has under market rents. One of the units will be empty and the other 4 units are being rented for $1,000 (3) and $900 (section 8). They should be on month to month lease when I take ove...
Hey all - had a question about multi-member loan borrowing:
I am looking to invest with 5 other investors (tenancy in common) with a conventional loan. This is for a short term rental. Eventually, we plan to transfer...
I've finally closed on my first investment property. Now I've got tenants to deal with. My thoughts were to give all of them a chance to renew a lease with me if they can meet the conditions of the new lease, i.e. n...
I was speaking to a company and they told me they only do 2-4 Unit property's I am looking for 350K Loan, for a 6 Unit that is like 80 Percent LTV and I need it fast. Looking to pay like 10 Percent interest but do not...
I am very fresh in the game and have a chance at a turnkey property in Spring, Tx. I just really don't know what to do or if I should do anything with it at all. The owner of the property is an out of state owner who ...
Hi, is anyone investing in Riverside, CA? Curious to know how the market to rent single family homes and multi family homes there? Please let me know your experience. I'm looking around the area and would like to g...
Hello!
Theres a duplex im considering buying(both sides) thats in pretty good condition but looks like it needs some cosmetic work and general cleanup(maybe 10k reno) . My dilemma is how I would deal with the tenants...
Hey Good People! The lowest rate I can get is with a 7/1 Arm on a Refi. Being that this home is a business, is it best to go with the lowest APR? The difference is pretty big for the next 7 years... Chances are high t...
I am new to the BiggerPockets community, and I am a licensed real estate agent in Florida. I will be actively using my license to help people buy/sell as well as do some investing on my own. I am going to start an LLC...