Hi. Is it possible to get a mortgage on a 4 unit home (owner occupied) with less than 5% down and minimal reserves (3 months or less)?I was told an FHA loan requires 6 months reserves on a 4 unit owner occupied proper...
Hey guys and gals, I have my next short term rental property under contract. It is an up/down duplex, where we will be renting out the top and bottom unit through Airbnb/VRBO. My question is, does anyone have good inf...
Hello BP! i'm looking at a Quadruplex that is fully occupied, but is renting well below market. However, i'm struggling to find great comps because no 4-units have sold in the area recently. With so much riding on ...
Hi BP,I'm just getting started with RE investment, and want to control my risk exposure by not throwing all my money on a single property and keeping some cash reserves. To that end, I'd be interested in getting a DSC...
We are looking at a multi-family property that has been owned by the current owners for about 30 years, so they are facing large capital gains on the sale. Any suggestions for a way to structure the sale with owner f...
Hi all!I’m in the Kansas City area and have had the dream of getting into home renovation and rentals for several years now and am at a season where I can finally pursue that intentionally. I’m partnering with a frien...
Show 250 with Grant Cardone was very informative and I thought he had a great point when he advised to purchase property in the middle range of the market with rental rates falling between $800 to $1200 to minimize yo...
An LLC was created in VA solely to purchase, own, and manage a single commercial office building in 1999. Each member owns 50% of the LLC. If the members want to sell the building, are they better of selling the bui...
I’m just starting out by purchasing a 4-bedroom house on an FHA loan with great interest rate in 01/2018. I do want to buy other properties with minimal downpayment possible. I know I’m only allowed one FHA loan, and ...
I understand income, whether distributed to members (assuming a multi-member LLC) or deployed back into the LLC (to pay down principal on properties or other uses) will be taxed. Is there anyway to legally avoid taxes...