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Results (10000)
John Prucha SFH with accessory Dwelling Unit Build Out
14 September 2020 | 6 replies

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $350,000

Cash invested: $70,000

The goal at purchase was to house hack and convert the detached four car gar...

Account Closed Seller Returned Security Deposits before Closing
30 April 2019 | 7 replies

Our closing is scheduled this week for a multi-family purchase, and we just found out that the seller returned the security deposits to the current tenants. We are inheriting the tenants in this purchase.What recourse...

Hugh Thompson Not making financial sense
3 May 2023 | 2 replies

So I have spoken to a few "investor friendly" lenders for the past few weeks.  Rates for Non-QMs, Hard Money, DSCR loans etc...are ranging from high 9s to just below 12%.  That is with fairly good credit and at least ...

Isaac Worley Section 8 Eviction - Moral Dilemmna?
30 July 2021 | 2 replies

I’m looking to purchase two properties locally that I plan to BRRRR. All current tenants are on month to month leases, have a disability, and are part of Section 8. Id like to purchase one property for 70k, rehab for ...

Toby Khan Finance of America Commercial LLC
6 November 2021 | 6 replies

Hey guys,Has anyone used Finance of America Commercial LLC-it seems that they are very slow to be able to close and communication has been close to non existent. We have some investor in MN who mentioned to run away f...

Brendan Moehn Digging out entrance for basement apartment
20 May 2017 | 2 replies

I am currently looking for a personal residence and would love to be able to house hack, however duplexes are essentially non-existent where I will be moving.My question is: Is it reasonable to dig out a back entrance...

Matthew Parkhurst Is this a good deal for my first property?
10 August 2018 | 11 replies

https://www.redfin.com/AZ/Tempe/825-W-3rd-St-85281...4 units. Current monthly income: $3360Yearly taxes: $1447Electric per year: $680Insurance per year: $676Sale Price: $525k$2k per month in mortgage.I make $50k a yea...

Aaron Chai New member in Emeryville / EastBay
3 June 2023 | 3 replies

Hi everyone,I've been a lurking member for 1-2 months and now taking that 1st step in participating in BiggerPockets with this post. I am looking forward to attending some local meetups to meet others next! This board...

Account Closed Fannie Mae reports a record year for small multifamily mortgages
1 March 2016 | 4 replies

Fannie Mae announced a record year for its small mutlifamily program ( 5+ units). Freddie Mac had an equally succesful year.These programs are geared to experienced real estate owner/landlords. ( Single family experie...

Amie Garcia suspect PM is charging exorbitant fees for services and goods
18 May 2024 | 3 replies

My PM is charging exorbitant fees for cleaning, products for the unit and bookings have moved to other properties. Red flags all over!  I’m ending our business agreement but have not been compensated for charges for s...