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I wonder which BP forum this question is best suited for? Suggestions appreciated. I think it's mostly a tax question?Here's the sitch...We took on a significant single-family rehab that for lack of a better term, "ha...
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Hey all,A quick background - I purchased a 4 unit property in the Oakland, CA area that was distressed and severely under rent. I was able to renovate the four units and get the rents over 2x what they were before so ...
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I'm currently looking to purchase a SFH first as a primary residence to later rent out and move on to something else.With the interest rates being as low as they are now, it almost seems silly not to take advantage of...
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Hi, I am in Texas, have couple of single family properties rented. But want to move into multifamily units. But don’t see any multifamily units in Austin area and if they are available they are either very costly or n...
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I have 8 properties, the mortgages are all in our personal names, the term are around 5.5% for 30 years. I got in touch with a local small bank which is willing to do a portfolio loan for 4.85% over 20 years, but it h...
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Hi Bigger Pockets,I've been lurking here for a couple of months, checking in occasionally to absorb the wealth of information. I felt it time to introduce myself.I'm an expat Australian (from Melbourne), having becom...
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I was sure there was no such thing as 100% Real Estate Financing. With the exception of Veterans and Rural Development under USDA, can anyone suggest a place for 100% Financing of anything?A Bigger Pockets Advertise...
I am about to put an offer in for a duplex in Austin and my lender informed me that I would have to have a rental lease agreement showing the arrangement is in place for at least $1700 rent for my tenant (because I am...
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I am looking to find a loan that I could put 10% down on for a rental property. For personal homes I know you can do as low as 3.5% with FHA but when it comes to rentals I've heard 20% to sometimes 25%. I found a lend...
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I'm looking at a SF property. I want to get the community's thoughts on the analysis of this deal. Am I being too conservative, or is this just a bad deal?
Asking - $110K
ARV - $125K
Potential rent - ~$1300/month
Re...