I'm trying to buy a 2-4 unit property for 1.0-1.2M. I've been approved by my lender, but at rates of 4.25% for a duplex, 4.375% for a triplex, and 4.5% for 4 units. Why does the interest rate go up? I suppose I could ...
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...
I'm looking for my first house-hacking investment in the Austin, Texas area but am running into a couple of issues. I was considering an SFR and renting out rooms, but I'm starting to think I'll get better renters/les...
As a general rule I am planning on managing my own properties. However, I do realize that gets a lot harder the bigger the property is. Does anyone have thoughts on what size MF I should really start considering using...
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...
It's hard finding great 5-10 units right now in Cincinnati Ohio but there is plenty of patience. There is no reason to rush. I had a moment of clarity that could potentially open up to a great idea. What if I buy a...
This is very weird to me since other lenders will work with buyers from any state. I don't understand why commercial lenders will either not do it or very rarely. Does anyone know some creative ways to get around thi...
I would appreciate insight into a property I've come across. It's a 5 plex in a good neighborhood. I'm wondering at what price this deal would make sense? Here's what I know.......Asking price is 159K Thank you for t...
Can anyone advise the best structure for both tax and liability for Canadians investing in US real estate for buy/holds and flips? This would be eventually for a larger number of properties in the 50+ range (single f...
There is a street in my neighborhood that has 6 duplexes on the market, all for the same per unit price, so it looks like 1 owner looking to liquidate. These units all appear to be at least partially rented. I would l...