Gianna Letinski
Question from new house hacker regarding analysis
Hello BP, I am in the market for a first house hack on a duplex and I'm hoping someone more experienced might be able to offer some advice. I've found a duplex that has a long term tenant in the smaller unit and there...
Gareth Fisher
Assessing Debt Risk before acquiring another rental
I'm in the process of deciding if I would like to acquire another rental property or pay down more debt. What metrics do you prefer to use when assessing the risk of adding more debt to your portfolio? Thanks in a...
Thomas O'Donnell
How Can I Escape my High Cost Situation & Invest More
I would like to run something by you guys and ask for some advice. I am currently house-hacking a duplex in Columbus, OH and I think it is actually setting me back. I used a 0% down loan, 7.5% interest rate and have a...
Liam Marshall
Do's, do-nots, and any tips for a first time house hacker.
Eventually I would like to start my REI journey through house hacking and I'm all ears to any pieces of advice you have. Whether it be brief thoughts, a thorough explanation , mistakes, tips, advice from an analysis p...
Mykhailo Strelchenko
House Hacking to financial independence
Hello everyone!I am lucky I stumbled on the BP community of like-minded people! Hope to find some bits of advice from giga brains 🧠 :))I am a 23yo newbie to RE. Last winter I came to a realization that all the gains, ...
Cassidy Burns
New Conforming Loan Limits for FHA in 2023
BP,Crazy to think that starting January 1, 2023, you can use a FHA primary residence loan to purchase a small multifamily with the following max loan amounts in Washington DC:Duplex- $1,394,775 loan amountTriplex- $1,...
Jason Tyrrell
First time home buyer
Hello everyone, I have been living In my fathers second home (2 bed 1bath) and he offered to sell it to me. His offer is $28k down and $1000 a month for 72 months. ($100k total)I am looking to invest in rental propert...
Keifer Zhang
*How many months of DTI will lenders look?
Hello All,I'm an investor in CA and thinking of getting a 203K to fund the purchase, I get that 203K will require less than 41% of DTI, but there's nowhere I found that how many months of DTI data will lender look back?
Arios Nelson
Multi family property purchase (duplex)
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Fayetteville.
Purchase price: $117,500
Cash invested: $4,000
Duplex
What made you interested in investing in thi...
Jacob Winkler
Help me make my first REI
Hi Everyone,I'm divorcing and looking to house-hack when I move out. The property that I like is here: https://www.zillow.com/homedetails/3-Genova-Ct-Edi...The studio is rented at $950 (I think this could be raised, p...