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I contacted my bank to have them begin a preapproval for a conventional loan. I told them that I was going to keep my current home and buy a duplex as an investment property. I was informed that the MIP/PMI companies ...
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In Houston and many large cities it’s quite difficult to find new or recently constructed small multi family units so we build our own!This is a duplex where on unit will be rented to a long term tenant and the other ...
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Hello all,Just joined this forum in search of an answer to some things I've been trying to figure out; hope that I might be able to find some answers here.Myself and three partners are currently exploring setting up a...
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Looking to purchase a 4 unit multi and would appreciate feedback on some strategies for moving forward. Although the sales sheet info says no owner financing, I would like to offer to buy it as a lease/purchase. I can...
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I've purchased a few owner-occupied properties in Washington, buying houses and fixing them while living in them before moving on to the next. Over 12 years, we've managed to save a bit. I worked for a nearly century-...
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Hello everyone! Chicago native here. I'm looking to apply for my first home loan and buy my first multi-family property using the FHA loan. Does anyone have any recommended banks for first time home buyers? Please let...
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looking in Phoenix or Vegas, do you guys have a better market on mind?
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Hey guys! Currently on the lookout for duplexes or triplexes in the vicinity of College Station. If anyone's aware of any promising deals worth exploring, I'd greatly appreciate it if you could share the details with ...
My family and I live in a home in a great neighborhood. The house (which is in my wife's name) is valued at approx $230,000. We purchased it 15 years ago for $80,000 and owe about fifty. We are now looking to move, bu...
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If we purchases a home as an investment property, build a DADU, and sell the home and DADU (around 12 months after the purchase), what's the best strategy for tax saving?My partner and I are both on the higher end of ...