Eric Van Deman
4th Buy & Hold Investment - 16 units
Investment Info:
Large multi-family (5+ units) buy & hold investment in Colorado Springs.
Purchase price: $980,000
Cash invested: $160,000
Sale price: $1,545,000
We bought 4 four-plex propert...
Clarence Smith
URGENT Help Needed! Buying a triplex in Philadelphia classified as two family dwelling
Bigger Pocket community, I am due to close on a house in two days. The triplex (house having 3 one bedroom apartments) is zoned RM-1 but only classified as a two family dwelling. Will this present any real issues? S...
Sangam Baligar
Struggling to hit my goal of one-rental Investment a Year-- Need Ideas and Inputs
Hello BP Friends,In early 2020, I set out a goal to purchase at least one property a year either through house hacking or through a good positive cash-flowing (CF) MFU.I managed to do that for the past three years; an...
Adam L.
FHA Eligibility and Bonus HELOC Situation
As a newbie, I was wondering if seeking a conventional loan for my first rental property will affect my eligibility in the future to get a FHA loan to purchase my first primary SFR? I have never owned a home and my ne...
Roger R.
Dealing with a game playing buyer
What does everyone think? I have a buyer in talks with me about purchasing my place in nyc. The buyer is a one of the larger landlords in Manhattan. I found the buyer on my own and they started in a rush. Now all ...
Maciej G.
How to get 2nd loan with little money down. Help needed ;)
Hey guys
Last year I purchased my first multifamily building with FHA loan, as I am preparing for my second purchase I am hitting major roadblock from lender side. It turns out nobody wants to give me a loan for less...
Jake Paul
I co own with my brother - Would he be taxed on capital gains?
Background: I bought my place in July 2020. It is my primary residence for almost 2 years, however on the title of the home my brother is listed as 25% owner. We would like to sell the property in order to upgrade to ...
Matt Smith
Loan for house hack and/or airbnb
I'm ready to move onto my next house hack. I'm in the Tampa Bay region, and would love to find a place directly in Tampa. As many of you know, Tampa is expensive. My W2 income wont qualify me for anything in that area...
Ryan Kirk
Stricter Mortgage Rules in Canada - good for Investors!
It's getting harder to buy a home in Canada, which is great for investors! Canada Mortgage and Housing Corporation (CMHC) insures mortgages with less than a 20% downpayment, and they are tightening up the qualifying ...
Chip Larson
Buy and hold duplex renovation
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $127,000
Cash invested: $143,000
This did turn into a beautiful duplex after our 10 month renovation. It wa...