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As I understand it, anything up to 4 units can be bought on a single mortgage. But what if the units are not physically connected?
For example, let's say I have two single family homes on the same lot. Could they be...
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So I currently have 8 properties, 14 units all rentals. I have read in the past that its possible to put costs for overall business operation and expenses shared by several properties on a separate schedule E as oppos...
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Hello everyone, I just have a question regarding my suited property. Both of the units are on 1 duct plan and I want to know if it is at all viable to split that up and install another furnace and AC? I would be deal ...
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I just bought a duplex here in Lebanon, Oregon. It currently has 1 water meter for the duplex. Water rates in Lebanon are among the highest in the state and one tenant has been watering dead flowers since we took over...
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My husband and I have an LLC for our general contracting company, whose sole client will be our flip business. I am thinking we need a separate LLC for the flip business, but should the flip business be the full owne...
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Hello,
I've called a few of title company's and both have said they don't separate HUDs between the seller and buyer, so that the seller cannot see the assignment fee. I've heard of a seller who conducts his busines...
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I can't seem to find this info anywhere else, and I'm curious if any of you have encountered a similar situation. I have had a family in a property for a few years now, on a month-to-month lease since moving in. They...
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Inspection report came back, What are the major work to separate out with general contractors vs. handyman? I will be using a government loan product.
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I'm noticing a lot of sellers have a house or a building AND a vacant lot next door, and when they go to sell they are selling both as one listing. I have twice now tried to work a deal with the sellers to split the l...
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Good day Biggerpockets community!I need your help in the best course of action of acquiring 3 multifamily properties at the same time.A property owner has agreed to sell me 3 of her 4plexes. She said she'll get back t...