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I'm wanting to purchase a duplex and a single-family home simultaneously. Can I use a conventional loan or will I be required to obtain a jumbo loan? I read jumbo loans are not easy to get. I understand selling one of...
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I have recently started a short term rental management business in Minnesota and have worked with an attorney to establish our LLC as well as a property management agreement we can use with clients. We are actively u...
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My husband and I have had a long term goal of investing in real estate and just recently started investing. We purchased five houses last year, all of which are producing positive cash flow. I just recently separated...
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I am looking into private funding for my investment, and I have found interest rates by individuals as low as 5% interest only, to 9%. Of course, the 5% looks great- what do I need to know? Is there any risk in worki...
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Trying to get under contract on a 5-unit, and only basic table of rent, expenses has been provided. Seller adamantly opposed to providing bank statements for income/expense verification. Is that a huge red flag? Are f...
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Is it common to see FOs investing in apartment buildings as part of their portfolio?
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I invested in my first syndication earlier this year through Crowdstreet with a fund managed by New Era Capital. https://neweracapitalpartners..... I rather foolishly didn't do much in the way of due diligence and now...
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I would like to connect with like minded individuals. People who want to do multi-family deals of all sizes but I have yet to meet anyone who have similar ambitions all-be-it this is my first post as such. Any advice?...
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Hello! I'm looking for input/advice on FHA loans. I'm currently searching for a small multifamily property in the Sacramento area, and am wondering if my FHA offer of putting 3.5% down will be less likely to get accep...
Just got approval on our first deal!
We had our offer accepted for a 4 unit, 12 bedroom "quad". List price 330k, accepted offer of 275k.
Now onto the rest of the process. Earnest money gets mailed tomorrow, then tim...