Lumi Ispas
4 unit bought with only $17,500 down & 18,000/year cash flow
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $500,000
Cash invested: $17,500
Property was bought with a 203K FHA renovation loan for $435,000 + $65,000 r...
Lumi Ispas
4 unit bought with only $17,500 down & 18,000/year cash flow
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $500,000
Cash invested: $17,500
Property was bought with a 203K FHA renovation loan for $435,000 + $65,000 r...
Lumi Ispas
4 unit bought with only $17,500 down & 18,000/year cash flow
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $500,000
Cash invested: $17,500
Property was bought with a 203K FHA renovation loan for $435,000 + $65,000 r...
Lumi Ispas
4 unit bought with only $17,500 down & 18,000/year cash flow
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $500,000
Cash invested: $17,500
Property was bought with a 203K FHA renovation loan for $435,000 + $65,000 r...
Karen P.
Wait till vacant or show while occupied?
I would love to hear any opinions on whether to show a unit while it's still occupied or wait till it's vacant and already cleaned, repaired and ready to go? Especially, when dealing with an unpredictable current resi...
Christopher Guerriero
LLC for rental houses, but houses not purchased under the LLC
I own 3 rental houses in New Jersey that were purchased through personal mortgages in my name. My accountant has directed me to form an LLC for each house so she could write off the losses and carry over the loss to m...
Kirsten Crotts
Buying an owner occupied duplex with tenants in Washington?
I just bought a duplex in Puyallup that I will be moving into. Both tenants are month to month and one side hasn't paid rent in two months (this is the unit I plan to vacate and occupy). The property is closing this M...
Account Closed
Mortgage shopping best practices
Hi there,I got my first accepted offer on a multifamily that we're going to househack!I'm currently shopping around for mortgages and rates are all over the place so I would love to get some tips from the community*) ...
Ian M Crawley
Lender Pause on Refinance Loan Products - Prepayment Penalty Still in Effect?
Hello,We want to cash-out refi a 6-unit building that has a 2% prepayment penalty if refinanced outside of original lender. They informed me they have looked through their portfolio and currently are on pause for inve...
Jackson Oneill
Splitting a Commercial Property into Multiple Units
I'm looking for a commercial building to divide into smaller office/studio spaces in the Tampa/St Petersburg area.Does anyone have experience with splitting up utilities, or am I better off increasing the base rent an...