looking at a duplex and triplex. $300000 total
240,000 financed at 5% for 30 years = 15,460
taxes=2700
insurance=900
property management=6660
repairs/maint=2000
utilities=600
lawn/grounds=500
misc. =1500
vacancy=800
...
I am a new investor with the goal of purchasing a duplex to houseHack in 2019. After hearing the latest episode (#311), it was advised to leverage as little as possible with the possibility of an incoming recession. M...
HelloNew to posting on biggerpockets forums but have been reading and watching many podcasts. I’m a new investor interested in purchasing my first turnkey investment property. I’ve been looking at turnkey properties...
If you have been an active member in the Preferred Investor Group within the last year please let me know. I have a couple of questions
Hello BP!I am currently house hacking a SFH which I used a conventional loan for. I am coming up on 1 year, and keep hearing that we are at historically low interest rates so I want to make my next deal ASAP. My plan ...
with this incredible inflation and gas price hikes.. Anyone worried that 3X rent for your C and D class tenants that are basically pay check to pay check are going to be able to pay rentand still buy gas and grocerie...
We are approaching some deals that offer owner financing.
As an investor these deals make a lot of sense for buy and hold.
Terms like, 20% down, (prime plus 4.75) 8% interest at 30 year amortization, and interest rat...
Does anyone have any tips on a lender or type of mortgage for a short-term rental that is based on cash flow instead of based on DTI and personal credit? I own my primary residence and still have a high balance on the...
Hi all, I am having a hard time making a decision on what to do about a Triplex I have under contract. Background: I have lived in Oregon for the past 10+ years where I own a SFH and a fourplex (purchased the fourple...
Hello everyone. Like most Americans I have serious student loan debt. I also want to do my first house hack. I know each one of these ideas will put a hit on my credit report. I am unsure which would be better off to ...