Two duplexes. Right next door to each other. Same floor plan. Same owner.
Could these two duplexes somehow be combined and purchased as a single fourplex using an FHA loan?
Thanks!
Had a discussion with other investors today about 1031 and thought I run it here for opinions. John is an investor in my group.4 years ago, John did a 1031 exchange from a SFR into a MF and took on $1MM debt on a $1.5...
Good afternoon,
I'm new to REI, and as a beginner I love the numbers behind the BRRRR strategy and its potential return. However, for someone with 30k liquidity, is that feasible?
If this is not, then does anyone h...
Hi all, I'm on the hunt for a good bank open an unsecured line of credit with. I've called around to a few already and the standard reply I've been getting is that they cap their credit limits at half of the borrower'...
Closed on my second rental property today! Very excited to get it up and running and find a tenant. Not quite hitting the 2% rule but over 1.5 so I'm pleased. Also did my taxes today and was able to use tips from BP o...
I’m a few months in with houshacking a duplex.. I used a FHA loan on a house purchased at market value. Did about 10k total on renovations for both units. Can I do a cash out refinance after 6 months, take equity out ...
I have the opportunity to purchase a 13m SFR portfolio, however, most of my available cash is deployed into a 1031 and BRRRR deal. So I know that I have cash to repay the gap within 12 months. I can still fund roughly...
I’m thinking about buying a property with a friend of multiple units at least 6 units down in Florida. Don’t know exactly where yet. We’re in the process of saving up money, my credit is at about 640 and so is his but...
If you got $50,000 in credit cards at 0% interest for 12 months. How would you use this to start investing?
Hello I’m looking at a bank that offers a rehab loan. It’s list that there is no-cash out allowed. Am I correct in thinking that that’s not a good thing?