Renee Thomas
BRRR/Househack Has anyone tried?
Thinking of doing BRRR for a multi-family as I live in one of the units. I have been cautioned about this idea and wonder what are the possible pitfalls. The idea is as follows:
1. Buy fourplex using hardmoney
2. Re...
Dale Peto
Combining and Refinancing Mortgages
I have two separate mortgages,one at 4% and one at 3.5 %. Another bank will offer a lower rate, but will combine the two loans. Would I save money doing this, or would it be cheaper using the profits from both propert...
Adrian Aguilera
Sell, cash out and Rent in SF?
I'm new here but already learning a ton. Here's my situation.-We bought a 2bed/2bath SFH in San Francisco in 2011 for $600K which has appreciated to around $1.3M or so. We have a $490K mortgage (3.5% fixed) and a $140...
Nik Lavoie
How to Scale after FHA house hack?
New investor here looking to figure out how to start investing and scale up to 5-10 small multi families in 10 years (ish?)… hoping the BP community can help!I am in the Worcester, MA area, and looking to invest eithe...
K Confid
REO Experts & Asset Managers replies welcome!
Question about realistic offers accepted by banks in this market. I've found a great possible property, retail value (?) about 700K, had been posted to sell at 569K, but I believe the mortgage loan might only be for a...
Tristan Kelly
First MF purchase in Cleveland OH
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $90,000
Cash invested: $55,000
Triplex in SE Cleveland (D+ neighborhood)
Purchased for 90 and saw 105 for v...
Ron Sharp
Who here buys discount properties in lower income areas?
Does anyone here have any experience with proerties in rough neighborhoods? They obviously have the cheapest housing, but obviously less desirable tenants for the most part. Wondering if the damage and late/no pay is ...
Stephanie Haiar
Just need out of a mortgage.
I’m interested in finding someone who just simply cant afford their mortgage payments anymore and they want out. They want to sell the place for what they owe or their is too much repair for them to want to fix and th...
Julian Diaz
new live in multi-family
Interested in a new build duplex to 4-plex in Colorado. I want to live in one unit and rent out the others so the more units the better. Question to the forum is what creative financing has worked for this sort of t...
Austin Arseneau
Child Care Hack
Investment Info:
Townhouse other investment in Plymouth.
Purchase price: $185,000
Cash invested: $5,000
Sale price: $220,000
Occupied by my in-laws. Rather than paying for childcare services from...