Harjot Gill
Turning 2 4plexes into an 8 unit multifamily
Hi BP!I'm looking at 2 4plex units that are right next door to each other.Is there any way combine them onto one lot and turn it into an 8 unit multifamily unit?
Daniel Murphy
Need help with FL STR LLC
Hey all, we have a short term rental in Florida, we live in MN. It is currently owned under our personal name & we wanted to setup an LLC to transfer the ownership into this. I'm comfortable with the whole LLC, b...
Shawn Jacobs
Negotiating with the bank when buying a foreclosure
Hi Everyone, Being new to BP, I thought I would dive in and get involved! One of my previous jobs, before I traded in my dark cubicle and handful of sick days, was as a supervisor of an REO Department, for a large Ban...
David Fuller
Evaluating mortgage refinance offers
Hi BiggerPockets - I'm relatively new to this game having acquired my first home, a duplex we are owner-occupying in the Boston area, late last year. With mortgage rates having dropped in the past 12 months, I'm explo...
Matt Crow
Creative way to pull this off?
Hi! We're interested in buying 2 properties from the same seller in NH New Hampshire. One is a 2 family that the seller has a mortgage on and is listed for $229,000 (first listed at 250, it expired and came back on at...
Steven J.
Would you purchase a lien and allow the delinquent owner to reside?
I've possibly got an opportunity. Thanks to @Seth Williams strategy of mailing delinquent tax owners I got a call from a somewhat motivated seller. He owes around 7k in taxes from years past and I believe will have th...
Jake Kellerhals
Sell for equity, or keep for cashflow?
So my partners and I have a "classic" dilemma. We bought 16 units (6 duplexes, 1 quad) on the same street 2-3 years ago (in 3 separate transactions). We paid about $66k for the duplexes, and $120k for the quad. We put...
Brian Badolato
THE 3 day workshop (MultiFamily Mindset)
Hello Everyone!I recently bought into Tyler’s Deveraux 3 day workshop event 🙌 I’ve heard great things but I also read a reply that “he doesn’t keep promises” So I’m half and half about the event.For those who’ve gone ...
Jim Breedlove
LLC Named as "Additional Insured" on insurance polity
During 2015, I set up a Texas Series LLC to hold my 8 single family home rental properties. My attorney filed deeds to transfer the properties out of my name - into the name of the individual series within my LLC. Rat...
Ron King
The Numbers...
Here is an example from an article I was reading. I tried plugging the numbers in my calculator and didn't come up with the numbers in the article. Hopefully you can tell me how he got to them. First the article:
...