Does anyone have advice on whether the following scenario is feasible and/or how to make it possible.My 18 year old is working part time and soon starting college. I want to buy him a home (1-4 unit) which would be hi...
I'd get not only better rates than I have on the properties right now, but I'd get 200K out of them both while leaving another 270K in equity in them. This would bring my cash on hand to about 900K or about 65% of my ...
Hi all, I am a new BP member, mostly trying to read up and getting my way around on the site.I moved from New Jersey last July and rented out my condo - making it a rental property. I bought a home here in Kirkland an...
Hi BP fam,First time poster long time lurker. I'm wondering if someone can advise on my situation. I tried reaching out to a CPA but they're either very busy because of tax season (understandably) or want to charge me...
Hello everyone,So I am aware that you have to owner occupy for a year for the FHA loan, but I was wondering if there are any ways around that requirement? Is it possible to occupy for less time than that?Thanks in adv...
I am moving my family across the country to the Portland, ME area. After the sale of a business and our current house in WA state, we will have about $200k to put down on a personal residence in Maine. Once back in Ma...
Hey, all, I've started scouting lenders for when I graduate from my MD/MBA course in the spring and am able to access my physician loan. I was hoping to get more questions answered about the loan itself and what I sh...
I've recently purchased a 15 unit building that was originally built to be an assisted living facility. The previous owner started renting out the units like apartments and that is how it is being ran today. Over the ...
Hello,I wanted to reach out to the forum for advice on cash out financing referrals in my situation. I have been living and working overseas past 14 years (Dubai)but I do not receive a W2. I have been having a hard ti...
Hello BP members!
So far I purchased single family homes and I want to buy my first multi family property.
I am looking to buy 20-30 units.
I would like to know what are the due diligence checks I need to for mult...