Given the limit of 10 mortgages (for 1-4 unit properties) per individual, have any of you consolidated multiple mortgages into one portfolio loan (ideally non-recourse)?
What was your experience and any lenders you ...
Here in Michigan, I've ran into an issue of a 2 unit that has been functioning as a 3 unit for 19 years. It has separate meters. I bought this spring, and began renovating. When I went to rent, several neighbors calle...
I am a IT executive for the past 25 years Full time. In my spare time i flip homes and buy and hold homes to rent. I currently own 5 properties, 2 that i lived in for any length of time in Georgia and Florida. Ideally...
My originally purchased a 3 family in his own name, he quitclaimed the deed to his LLC. He refinanced a year ago and the mortgage is for about about 70% of the appraised market value. Unfortunately he's starting to fe...
I'm looking at moving to Las Vegas after selling a company and would like to buy a place that I can live in 1/3 of the year and rent out the rest of the year. Ideally on a nice golf course? Does anybody here know the ...
I'm looking to buy properties with cash and then get financing to pull my cash back out. I would be purchasing rental properties (duplex's and possibly small apartment units). These properties would not be owner occup...
Hello BP,I am totally new to real estate and I am trying to figure out what the best strategy is for my first property. I really like the idea of a multifamily but I am hesitant about having to live next to tenants. W...
Hey, everyone! This is my first post and I am hoping to gain insight into my first multi-family deal. I am looking at a duplex for sale and it seems like a great deal from every angle except that the current tenants a...
My wife and I are just starting out in real estate.We bought out first home in May (which we live in currently), my wife purchased with 3.75% down, first time home buyer perks, etc. and it's only in her name (intentio...
Thanks in advance for all of the help. I am looking at purchasing a 4 family REO in Milwaukee, WI (where I live). It is the dead of winter and was -12 this morning. This property is vacant. Is it a bad ideal to pi...