I have identified a 6 unit apartment building where I would like to house hack. The asking price is $1.5m. I have $40k in savings. What is my next step to get this financed? The numbers make sense once the building is...
Hi,
I own 3 condos in, a triplex (pending making it a fiveplex) and recently got into escrow for a SFR but will be converted into fourplex in Southern California.
I am thinking about reverse 1031 exchange on of the ...
Hi,I’m flipping a triplex in the LA area, and I’m wondering if it makes more sense to lease 2 of the units and leave the front house empty, or to have all 3 units empty when listing it?Which is more attractive to most...
Hi BP Community, I'm looking to invest in a multifamily property for a house hack and running numbers in the BP Rental Property Calculator. Without getting into all of the numbers for this particular fourplex, does it...
I am under contract for a 4 unit property with a lot of poorly allocated space from additions over the last century.Utilities are separated per unit already.One first floor unit has enough space for to be a 3bed/2bath...
Newbie here and hoping to make my first investment property a duplex. Would it makes sense to use one unit for LTR and the other for STR? My thought process is an LTR could offer more stable/ consistent cash flow and ...
Hello All,I'm looking at a 5 unit to BRRRR. They are all 1 bed/1 bath. I'm thinking of downsizing it and combining two of the units to where it might at least a 2/2 but maybe a 3/2. I thinking of this for the followin...
We finally bought a duplex. We’ll be moving in shortly but first want to renovate the unit we’ll be living in. Our plan is to do that, live in the renovated unit until the tenant’s lease downstairs is up in February. ...
Hi! I am about a year into purchasing primary residence for me and my family. Our home has an in law unit above the garage that we currently live in. The space is pretty outdated since it was built in the 80s. We liv...
Is it ever beneficial to move tenants around within the building in order to rehab each unit and try to get the whole place renovated more quickly? Or better to wait and redo units as they naturally open up? I own a 6...