Andrew Meng
Financing and Lending for Experienced Investors
Hi BP family,I'm a first time investor, and thanks to all of y'all, I'm about to purchase my first multi-unit property. I'm located in San Diego but I'm purchasing this property in Las Vegas. I have the cash to purcha...
Tadd Hale
New Investor, Question about Multi-Family Units
I am a newbie to RE Investing and I have been doing some reasearch and have been increasing my education. I just had a general question about Multi-Family units. Since I am just starting out, would it be better to inv...
Jose Valdez
Lender qualification criteria
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?
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
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
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 ...
Thomas Alexander
Los Angeles Construction Costs
Since buying a multi-family in Los Angeles is ridiculous from a cash-flow standpoint, I am looking to possibly develop additional units on the same lot. I have expanded my search to look for properties that are on...
Josh Thomas
How to structure JV on apartment building deal / private lending
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
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?
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 ...