I recently purchased a condo within a house that was just converted into a 4 unit condo building in California. The first year's property taxes are not split individually for each condo unit, the building receives on...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $170,000
Cash invested: $32,000
I bought this as a duplex that used to be a triplex. It was renting for $650...
I have a duplex that has two really old gas furnaces that are about to die on me. Instead of dropping $6000 on two new ones, I have contemplated replacing the heating with baseboard electric heat throughout. This plac...
I have a small multifamily with a coin washer and coin operated dryer. I would like to convert them to card machines. Does such a conversion exist? Would it be brand specific?
Hey everyone!I'm interested in the some input on the idea of "converted" multi-family properties vs. "intended" multi-families. We have recently moved to the Tacoma, WA, area, and in my search for rental properties (2...
Hey guys! First time posting on the BP forum and looking forward to your responses. I found a triplex (zoned RSA-5) and after running the numbers it runs with the three units but it kills with four. I was thinking of ...
I am new to RE investing but would really like to start building wealth through RE. We own a townhouse and would like to buy a single family house in the next couple of years while keeping our townhouse and renting it...
Do you think there will be alot of commercial foreclosures with everyone working from home? If so, do you see an opportunity to buy discounted commercial property that can be converted to residential? Whats the proces...
I have never been through the HML process, but it is to my understanding as soon as the property has been properly rehabbed and up to code/inspection you must convert from the high interest HML to a conventional l...
Can I get a private loan from a family member so that I have a purchasing advantage when buying a house (paying all cash), then getting a conventional mortgage on the house after purchase to pay back the private loan/...