Immanuel Pierre
House Hacking with Friends and Family
I recently bought my second house hack in October 2022. My roommates/tenants are my mother (recently divorced), my sister (over night nurse, who spends most days at her boyfriends), and a coworker I have known for yea...
Ben Cohen
BRRRR via HELOC or Cash?
Hi everyone,
My parents are interested in starting to BRRRR for investment properties, as my dad is a contractor who can oversee the rehab. This will be their first investment property purchase. My question is whethe...
Michael L.
Quick question about comping
When comping properties, would you compare a "cape cod" to a "rancher"? Same sqft in proximity, similarly finished, build age is 6yrs difference. Your thoughts would be plenty helpful!
Joel Palmer
Low appraisal - BRRrR Strategy challenge...
Hey guys!I recently bought a 4-plex of townhomes for $130k. It was grossing about $1750/mo and fit all my criteria, and overall looked like a great deal, so I moved forward with the purchase.My strategy so far has be...
Andrea Evans
Can I Do This??
I've owned my primary home in Charlotte, NC, for seven years using an FHA loan this June. I want to use the new 5% conventional on a four-plex unit-to-house hack (MTR strategy) in Cincinnati, OH. Can I utilize this st...
Christopher Abernathy
Did i over pay? $417k for san bernadino or highest cashflow ever?
I just put this property under contract at $417k on an FHA WHERE MY MORTGAGE SHOULD BE ABOUT $2,700, with $14,700 down. The property is .96 acres and it is zoned "light commercial "as you can see from the pictures I...
Dina Harleth
Calculating capital gains on sale of gifted house?
Hi everyone,
I'm contemplating selling a house that was gifted to me by my father while he was still alive. I'm trying to calculate what I'd net from the sale of the property (to make a comparison between sel...
Anthony Scarlata
Using a HML to purchase househack property. How to refinance?
Hi all, new to the forums but not entirely new to the game. However I did make a lot of mistakes on my deals so am now really trying to learn a lot going forward. I've never refinanced so please bear with me.I have 2 ...
Account Closed
Rent-to-own dangers / cautions
Though I have rented accommodations before, I have little experience in Rent to Own. I have a young nephew who is looking to Rent to Own a small home in Mexico, and he is asking me about what kind of contract terms sh...
Justin Smith
Newbie from Fairhope, Alabama
Greetings from Fairhope, Alabama!My name is Justin and I've recently relocated to Fairhope with my family. I currently own two rental residential properties, but they are reluctant landlord situations so I'm planning ...