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Results (10000)
Christopher Oncale Turning 2 plex into 3 plex
19 October 2020 | 5 replies

Hello,So I’m hoping to find some advise to point me in the right direction with a new project I just encountered. My partner and myself just purchased 2 duplex and would like to convert them into 3 plex. Of course bef...

Skip Reath Financing Non-Warrantable Condo??
1 February 2016 | 6 replies

Curious to know if there are any lenders who would finance a non-warrantable condo?  Here's my situation.  I own 11 units in a 35 unit building which does have some delinquencies in HOA assessments which the HOA is cu...

Daniel Taylor Buying grandparents rental but we have a problem
12 August 2017 | 8 replies

Hello BP.

I'm looking to purchase my grandparent's condo for a rental

It's in a decent area and has currently been rented by the same tenant for the past 3 years at $625 a month.

My grandparents are in their 70'...

Joel Fechik CPA/RE tax expert out of state owner question.
30 June 2022 | 9 replies

I have a client looking to sell a multifamily property in CA. She is an out of state owner and resident of PA. When she sells she'll have to pay federal and CA taxes on the sale, but will she also have to pay PA taxes...

Tim Gallegos Newbe with Questions, hoping to avoid a fiasco.
10 February 2023 | 2 replies

Hello,
My mother recently passed and left me her 1968 mobile home which is in good condition.
I have my own home which we found to have issues with mold recently. Because of the extent of the mold damage I filed mul...

Elaine Raymond Small multifamilies are scarce. Should I go smaller, bigger, or stay the course?
27 March 2023 | 7 replies

I’m a first time investor looking to househack with a small multifamily (duplex, triplex), but they are scarce and competitive in my area. I’m not interested in renting out a room in my primary residence for safety an...

Daniel Wolz Existing LLC, New rental in personal name
10 August 2019 | 2 replies

I have an existing LLC with 4 rental properties in its name free and clear (purchased all cash), a bank account, and file taxes as an LLC. I am paying cash for, but wish to mortgage immediately in order to take advant...

Nick Graham Anyone ever rented a property then put it on Airbnb for profit?
17 May 2019 | 11 replies

Hello everyone,I’m looking into renting some properties, and have limited capital for now (about $5,000). I came across an article here on BP that talks about Airbnb Arbitrage. This is when you rent an apartment/prope...

Andy M. Have your cake... And eat it to!
2 November 2011 | 9 replies

Just wanted to share a small success story with BP. I recently bought a REO condo as a rental. I had a hard time talking myself into it because I HATE condos but alas, I did it. Here is the brief story:

Condo is a 90...

Breonna Mahana Husband & I are prepping to buy our first property locally.
6 September 2022 | 9 replies

Husband (34M) & I (30F) are working two full-time jobs, saving 1k a week, paid off all of our CC debt, & will be purchasing either a duplex/single family home with ADU. We have been self educating ourselves fo...