I am currently looking at a purchasing a 4 unit Multi-Family to rent out. It has 15 bedrooms and 8 bathrooms and has a rental history of $5600-$5800 a month for all four units. Say I purchase the property for $500,000...
I'm trying to refinance my duplex, they should call in in the appraisal soon. But suddenly one of the tenants moved out and one unit is currently vacant. Will the appraisal likely lower the value because of the vacanc...
I am in the process of purchasing my second investment property. I have asked for a credit in closing costs to remove the inspection contingency. The seller has indicated they would prefer to reduce the sales price ...
Like the topic says, this week I took action and made my first offer on a ideal house hack property while deployed. The property has two houses one lot. One is a 3b 1b and the other is a 2b 1b. We believe the listing ...
In end of October 2019, I purchased a 4-plex for $175,000 in Cleveland but my appraisal came in for $245,000 at that time. 10 months later now, I want to do a cash out refinance but the appraiser this mortgage company...
I hear a lot of landlords on here talk about tenants needing to make 3x the rent to qualify. Is this rule still a reasonable expectation in lower income areas?
About the unit I'm renting: I think I can get 10...
Hey BP,
I have a question that has been on my mind for sometime now. I was reading a few threads from the archivsection on this but i still needed a little bit of clarification.
I notice that some investors invest i...
Hello,I'm currently renting in Center City and want to start my Real Estate Investing journey soon (3-6mo) by house hacking a 2-4 unit property. My budget is $300k. Lower Bucks County has piqued my interest due to it'...
I recently purchased another attached SFH, and I have run into a problem. I purchased the property, and the neighborhood seemed decent enough. I go out of state for a few weeks only to come back to see the neighbors h...
Hi everyone. Just looking for some education on real estate investing. Very new to this. My first dip into this was 5 years ago when I bought my first house, a 2 family Victorian which I curently occupy and I rent the...