I made an offer on a short sale property with a first mortgage by a large major bank, and a much smaller second mortgage through a local program to encourage homeowners to invest in their home. Both mortgages are ...
Hi Everyone,I am evaluating a new type of flip opportunity and I was curious if any of you have similar experience. I am looking at a partnership with a seller who owns a duplex outright in a very affluent area of Sou...
I am hoping someone can provide me with some examples regarding what kind of insurance coverage and business protection (specifically structure LLC, S-corp, C-Corp) I should have for my two townhome rental properties ...
Hello BiggerPockets,
My partner and I would like to acquire our very first property next year. We want to house hack a duplex. Our goal is to have $20,000 saved up by July 2023. I myself currently have $11,000 in my ...
So here is my situation. I'm buying my first house, I have great credit, I have 5% down, and I'll be owner occupying a tri-plex in new Jersey. So I was under the impression that FHA was my only option. But does anyone...
My brother and I are just getting started out in real estate investing and are looking to follow the BRRRR strategy and looking to acquire our first property within the next 6 months. We are trying to be diligent on t...
Hi all,Can I use a FHA loan on a small multifamily (2-4 units), as long as I live in one of the units for at least 12 months? Are there any other major stipulations to consider? Any tips to get qualified for this type...
Hello all, So I live in Tampa, Fl and I’m looking at my first property. 2/2 Condo in Boynton Beach. Here’s the numbers: Purchase-106,000 Dwnpymt-20% 21,100Financed-85,000Mortgage-1090Rent-1950 Maintenance-5%, Vacancy-...
Hi All, I am an investor in the Atlanta market, but my wife and i are interested in purchasing a multi-family in Philadelphia where a family member can live in one unit, while we rent out the others. We prefer a tripl...
Hi there. I am a first-time investor interested in a small multifamily property in Cincinnati, Ohio. I'm aiming for a $100k-$200k price point, and can see these properties are available, but am not so sure about the n...