Hi looking for suggestions on who to use for Home equity line of credit. I am interested in a fixed rate. Would be nice if they do not have the 12 month primary residence requirement. A local lender I spoke with said ...
Struggled with the title. Like the title says I was pre-approved for a $235k FHA loan without a property in mind. Theoretically, I find a duplex worth say $280k, with a tenant in one side paying rent. I go back to the...
Asking Price:$760,000
Actual
Scheduled Gross Income$140,704
Operating Expenses$63,773
Net Operating Income$76,931
Pre-Tax Cash Flow$44,197
No. Units:24
Building Size:17,800 SF
Price/Unit:$31,666.67
Property Type:Mul...
Hello, I asked my tenant to pay the rent online. Gave him my wells fargo bank account and routing number. then he said his chase bank has sent me two small deposits to verify my account. so I gave him the amounts of t...
Hey All!
I'm thinking of buying a multifamily to rent out. I'm going through the mortgage pre approval process right now but I was thinking - should I be looking at properties before I do this or should I ge...
Hello Bigger Pockets family,I am looking to purchase my biggest deal yet!24 unit apartment. I never looked into a deal this size. So making sure, I nail it, I wanted to reach out to the community to see what data I sh...
I'm working through a broker that does all the underwriting/paperwork/recordings/foreclosure (if need be), where I only need to fund the transaction acting as the private lender on the note & deed of trust.
I pe...
I know a syndication lawyer will prepare most of these documents regarding our investors, but I wanted to get an understanding beforehand what will be needed from my investor base when they start to invest in my MF de...
Hi all, I own a duplex that has the electrical panel in the basement. The panel is in a finished room I would like to be locked up. I’ve read that if you own less than 3 units, tenants do not need access as long as th...