Hello BiggerPockets members,I hope everyone is staying safe and spending some time with loved ones.I am a newbie looking to start my Real Estate investing journey with a house hack, potentially a rehab in the Las Vega...
What’s up BP Community!So I am currently shopping for my 1st investment property! My Loans of choice that I am considering is a 203k loan or a Conventional HFA Loan. I was wondering and curious to seek information on...
I realize this is not a true BRRRR as I will be removing the "rent" portion of this, but I would like to apply the strategy nonetheless. Please tell me your thoughts on this. I purchase a home with OPM (private, or ha...
Hey Guys - what is everyone preferred way of taking rent payment? Only own two units currently, so I don't need a robust system just yet. How should I have my tenants pay me? Up until this point I've just been taking ...
HI all, I am a first time investor looking to buy a Multi family. What are your opinions on the FHA 203k?My real estate agent recommended it to me since we have been looking at fixer uppers and the regular FHA may not...
Hey everyone, I'm a young investor working on my first deal and looking for some guidance. I'm looking to buy a home that is selling for a significant discount to market in my neighborhood; property is going for $160k...
Can you get a 203k loan when buying apartments?
What is up BP!?Hope y’all are well and healthy. I am looking to purchase my first property. I think I might have found a good opportunity but I have a question. Am I able to do the use the BRRRR strategy if I use FHA ...
My husband and I are looking into different ways to make our next deal happen with little capital. We are interested in house hacking and making our next primary residence be a multifamily that we can fix up along the...
Investment Info:
Large multi-family (5+ units) other investment.
Purchase price: $532,500
Cash invested: $550,000
Complete gut out and rehab existing 4plex, and add 1 more unit
What made you...