Just got pre-approved for a jumbo fha loan on a 3 family in Boston. My rate is under 4% and the property is 800k. The 2/3 of the units cover the monthly costs of the building. I am new to buy and hold investment prope...
Hi all,
I am a 26 year old newbie that finally feels ready to take the jump into investing in some multi unit properties. I recently did my first flip and am also working on a spec home with a couple other friends in...
Investment Info:
Small multi-family (2-4 units) other investment.
Multi- Family Units
I was wondering if there is a formula to figure out what insurance might cost on a property. I don't want to bug my insurance guy every time I look at a deal.
This is a 3 unit building located in a very desireable school district and in a very convienent location.
Each of the 3 units has 2 Bedrooms, 1 1/2 baths and garage parking. Comparable rents in the area suggest that...
I recently acquired a vacant multi unit property in Columbus, OH. This property was previously known as 'the drive-thru', where many different adverse activities took place (specifically drug trafficking, etc.) I to...
As I understand, you cannot finance multi-unit/investment properties through usual channels (like if I bought a condo for example). I am looking for names of lenders who finance these properties. Also, how much higher...
In an apples to apples comparison, do more units per building lead to a cheaper price per unit. So if a 4 unit was going for $300k, would a six unit with similar rents go for less than $600k.
'Evening! I would like the hive's opinion on a 12 unit multi we are looking at. This will be our first foray into something more than our duplex's.Via our agent the offer is now at $389900 with seller paying 2k of ...
Hello,
I am relatively new to real estate investing as I purchased my multi-family building in Chicago back in 2021 putting in twenty percent down of the purchase price. My interest rate was just over 3 percent. At t...