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Results (10000)
Jose Valdez Lender qualification criteria
6 January 2022 | 2 replies

Hello. I have a question that I hope makes sense. If I’m purchasing a fourplex as an investment property and I’m getting 3 units vacant, I’m under the understanding that the one occupied unit alone will not cover or c...

Kathy Henley Owner Occupied, do I pay my company rent?
4 May 2018 | 5 replies

This is a bookkeeping question.  I am living in one of my units during its rehab. Do I want to pay rent? Which would mean that  the company receiving the rent would need to pay income tax on the rental income. Is it a...

Justin Holley Constructing a House Hack
22 August 2017 | 2 replies

Hello Biggerpockets Members,My wife and I just moved to a new area and we would like to house hack with a duplex or 4plex.  However, we moved to a small town and there really isn't very many duplexes or 4plexes in the...

Account Closed Cleveland or Ohio Investor Friendly Lenders
16 August 2021 | 3 replies

I am looking to purchase another duplex that will be owner occupied. The current duplex I own and live in is having the downstairs renovated. Typically lenders like to see an active lease in place before counting the ...

Sergey Tkachev Question about HOA and Co-op in Florida
15 September 2016 | 9 replies

Hey guys - I'm hoping someone can shed some light on this situation we are in.  I will do my best to summarize this as much as possible in an understandable format. :)BackgroundWe own a unit in a 16 unit cooperative (...

Josh Thomas How to structure JV on apartment building deal / private lending
25 March 2020 | 4 replies

Looking for advice as I'm getting closer to putting in offer for on an apartment building in Texas. For those of you who have done deals with partners, how would you structure a deal as follows?I found a 54-unit apart...

Gaurav K. Commercial Mortgage Loan Advise
19 June 2020 | 11 replies

I am buying a 10 unit apartment building for $550k. Each unit rents for $650/month and taxes are $15k/year. I am getting a Mortgage Rate of 4.25% and it’s 5 year fixed, 10 year balloon, 25 year amortization - 30% cash...

J Usmonov Are co-ops worth investing in NYC?
20 May 2020 | 10 replies

Hi. I am interested in purchasing an apartment in NYC (Brooklyn) and rent it out. I came across many apartments, but all of them are mostly co-ops. Are co-ops worth investing? did anyone in this community invested in ...

Koki Agata Why should you not go for FHA?
26 September 2019 | 14 replies

Hello peeps!I am new to RE investing and still in a learning curve, but I have this one thing that has been bothering me.As my wife and I are also looking to buy our first home, I've been looking at different mortgage...

Mario Nacev Tax Strategy for first deal
26 July 2020 | 6 replies

Hello,I am looking to build a 4 Plex in PA.I am in the preliminary phase of planning and my questions relate to entity structure, taxes, and finances Background:Land Cost $10K Build Cost $200KAppraised Value at comple...