Hi all! I am currently looking into converting a SFU home that is zoned for an MFU into a top-bottom duplex. One of the challenges is making sure that each until has access to laundry. The basement has the current lau...
I am getting ready to make an offer on an existing mixed use property that is zoned for storefront retail + residential units in San Diego, California. Does anyone have a private lender that will lend on the acquisi...
Most of the houses we've done so far are under $400,000. I have a homeowner that just called that bought a home for 1.2 mil and owes $800,000 and some change.
Because she paid over 1.2, can we short this? I thoug...
Hello! I uploaded a different post on multifamily, but this one relate to house hacking. Has anyone had experience in house hacking a 3-4 plex and using different rental strategies on each? For example, living in one,...
Trying to get into real estate (buy and hold) in our local Bergen County (northern NJ/metro NY) market. Had a short sale under contract but it just fell through. (Made offer in August, right after seller dropped ask...
There is a lack of new housing nationally… and this will not be fixed by our government or anyone else anytime soon. FYI: the median cost of a house in the U.S. is currently $263,000http://www.politico.com/agenda/stor...
My wife and I recently took over a rental property in "da Bronx." It's a major fixer upper that she bought a long time ago with her ex-husband and he allowed it to fall into major disrepair after their divorce many y...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $525
Cash invested: $80,000
Upper/lower duplex with luxury master loft steps away from lively downtown and ...
Please share your thoughts on this property:2,500 sqft home in very desirable Forest Park area in Kenosha, WI. Bi-level, 4 bedrooms and 2 full baths. Open floor plan, tall ceilings, gas fireplace and spacious kitchen....
I understand the first half of this strategy... By buying a property in cash, it gives someone the upper-hand in negotiations vs someone using conventional financing. Then when the deal is done, refinance the property...