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My goal is to purchase a multi-family and owner-occupy one unit. This will be my first home purchase. I've been using the 50% rule up until now to get an idea of what the CoCR would be, but I'm seeing some huge differ...
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Investment Info:
Small multi-family (2-4 units) other investment.
Purchase price: $60,000
Cash invested: $158,000
I just wrapped up the refinance portion of my BRRRR for this property. It is in the p...
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Hello everyone,
So I found the one, the property I have been looking for. It's a 4 unit multifamily. This would be my first real estate investment, worth $450,000. Quite expensive for my first investment and I am bit...
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I just listed the bottom unit in the duplex that my wife and I just bought and I have a lot of questions about how to rent it out. I’m hoping some more experienced landlords can help me understand how this process is ...
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Hi guys! Anyone out here a private hard money lender in AZ? Trying to get my head around all the requirements to get in to the game. It seems like you (maybe) need a Mortgage Broker or a Mortgage Banker license in A...
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I have an opportunity to purchase a duplex in a C/D neighborhood -- 8br/6ba total. It's a newer property (2009) with very little maintenance (just some carpet, paint in some rooms, etc.), new HVAC, great roof, etc.Tho...
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Hi there fellow Househackers,
I've been getting contacted by mortgage lenders left and right offering me to refinance down to a lower rate with them. When it comes to qualifying for a loan like verifying your income,...
He is very active on the Marketplace asking for private money for flips (as recently as 2 weeks ago) and has been active for several years. After a year of communicating with him and doing research on him (but obvious...
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What do you look for when investing your money into an apartment deal? What do you look for in your returns? Do you diversify syndicators? Do you like them to be owner operators as well?Value or Yield?
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In your experience after you have a potential tenant want the property and you fill out their voucher. How long after they drop it off will the housing authority contact you to schedule an inspection? Thank you!