Hey BP community what loans and loan programs are out there that you believe make the most sense for investor trying to get his first property ? Interested in acquiring a set up where I could live in one unit and rent...
Hi everyone, I'm a newbie here to Biggerpockets and to the world of real estate investing as a whole. At this point, the only thing that I'm sure of is that I want to invest in a home that will generate income. I'm in...
My partner and I came across a multifamily property. It has a total of 4 units and is listed at 500K...Three 1 bedrooms and 1 studio. Any advice on how to analyze the numbers to see if it would make sense? We would ho...
Hello everyone. I have stumbled upon a 5 unit multifamily apartment complex as well as 2 duplexes on the same lot , both located in Washington State and have some questions regarding loan types and other general info...
For those who convert a single family house into a duplex (for example let's say you take a two story single family house) and covert it into a duplex by adding a second kitchen, separate entrances to the house and of...
I have an old (1930) house, it has Residential multifamily 6 zoning. That means every 6,000 square feet only one multifamily unit. Since the lot is 10,555 square feet there is nothing more than one unit allowed under ...
So a year ago me, my wife and her parents purchased a 4-plex in Los Angeles. We payed $1.35m for it. They now want to remodel it for $1m, in order to get $3000 a month from each unit. I, however, think we should rathe...
Hello,
A relocation to CA bay area seems imminent due to job and therefore selling an owner occupied triplex also seems imminent. I was initially considering selling my triplex and buying a single family in the bay a...
My wife and I are looking for investment properties for next year. What we are trying to calculate are closing costs. Since closing costs are similar no matter the loan. Wouldn’t it make more sense to buy a 4-plex wit...
Hi guys!!!We are about 2.5 years in on our buy and hold RE journey and currently under contract on units 5 & 6!!! When we bought our first 2 units (a duplex) I opened a checking account and 2 savings accounts for ...