Hello my fellow BP Members,As I mentioned, I'm a new investor and my wife and I are currently trying to purchase our first investment property. We are extremely excited, but yet nervous and admittedly have developed a...
Hello! Just getting started on Bigger Pockets and thought I'd make an intro.
My wife and I are passive real estate investors, looking to replace some of our earned income. We currently have four cash flowing single-f...
Hey everyone! I'm looking for some tips on how to acquire a small multifamily (1-4 units) in a slow market to house hack. I just recently got approved for a loan and have been working with my agent for about a month a...
Anybody has any idea regarding assumable mortgage? good or bad?
Hi All,My understanding is that the value of multifamily depends on the NOI of the property. This means to BRRRR Multi-family, you have to renovate the building and raise the rent of the units to market rate to get yo...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $279,000
Cash invested: $70,000
Triplex
Purchase price: $279,000.00
Cash invested: $70,000
Monthly cashflow: $~1,00...
Local to California. I have one rental property in AZ and we are thinking to get another one in AZ too. My question is with current rate it may not make much sense however we are not sure if we can manage two differe...
Thanks to BiggerPocket and Real Estate Rookie podcasts, I am planning to get my first Multi family unit to house hack, I am eligible for Max fha of 650k if I get 3 unit or 540k if I get a 2 unit, my question is should...
Hello team, How is everyone doing? I recently bought an house in San Bernardino City and doing the rehab. This is a small house with 850 Sq footage ( 3 bed and 1 bath) and also a smaller lot of 5100 Sq Footage. While ...
Hey guys, I’m trying to figure out if this deal makes sense. the purchase price is $2 million. The seller wants $500,000 down the operating cost on the property runabout $8500 and the seller wants a $9000 payment each...