Looking to get into my first MF property. It would be an out of state investment for me. 24 unit asking 850kConcerns-The area doesn't seem to be the greatest. Although broker claims in the path of progress. -Price per...
When purchasing a small multi family property as a primary residence. Does the bank take into consideration the income from the other units? Wanting to use a FHA loan but will likely do a in house loan with a bank. L...
Any suggestions from investors who purchase a property and perform interior rehab with tenants occupying the unit?
I am under contract for my first multifamily deal, a 20-unit property in Charleston MSA. I am doing some forecasting and wanted to get some thoughts on what people budget annually per unit for repairs (including unit ...
Hi all, There is a plumbing issue in the building where my unit is located. The problem is a loud noise which can be heard in my unit. It has been going on for several months and the management company is ignoring the...
What are your thoughts on walk-through bedroom houses as a long time rental property as young investor they are very common in my area and would make a good long term rental by number, What are the pros and c...
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...
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...
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 ...