I am in the process of selling a duplex I purchased in '06. During a recent appraisal they mentioned that they couldn't find if it could be replaced if destroyed; turns out the zoning was changed in '08 and the city d...
I purchased a single family home with a back house and was renting it out as 2 units. Front house 3/2 and back house 1/1. I received a letter from the city stating that the property is not zoned multi-unit and the uni...
We are in the process of trying to sell our duplex in Toledo and have run into (yet another) issue. The buyers have reported that they are unable to obtain financing since the duplex (built in 1907) is located in an a...
Investment Info:
Single-family residence fix & flip investment in Bellevue.
Purchase price: $825,000
Cash invested: $192,000
Sale price: $1,267,200
We sourced this deal off market via mailer....
Looking at buying a 4plex with a non conforming 5th unit. Any advice on liability is appreciated.
I made a mistake!My wife and I recently purchased our first small multifamily property which is our 5th rental real estate purchase in the past four years. The property seemed to match all of our criteria and gross r...
Is a 4-unit property required by law to have laundry on site in the state of Nevada?
So I am preparing to buy my next(second) investment property. After providing my tax documents to my lender they see that I took a net loss last year on my current rental. Which is good for taxes right? Here's the rub...
Hello BP family. I have an opportunity to purchase a 10 unit apartment building in Riverside, CA. The owner is ready to retire and part ways with this property asap. Ive been in contact with the owner for 2 years now ...
Over the last several months we seen the collapse of the subprime market which funded loans to those who were credit challenged. More than 2 dozen companies shut their doors while others scrambled to change guideline...