Michael Semcken
Starting Line - My first dive into Real Estate Investing
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $825,000
Cash invested: $270,000
This is my first dip into the world of Real Estate Investment. I am curren...
Sherrie Wright
How should I approach a potential private lender?
Good evening, all and Happy Holidays! After running into a couple of hurdles in acquiring a loan for a multiunit building (I have an FHA loan and will need 20% down and 6 mos reserves to qualify for a conventional), I...
Ugochukwu Opara
Should I Add an Illegal Unit in the basement of my Quad?
What's going on bigger pockets family?My name is Ugo and I have a question and I would appreciate the input of everyone reading this.Here is the scenario:The owner has one property, a 4 unit apartment building (2 bedr...
Jake Arnold
Getting loans under an LLC
I currently own a Duplex zoned for students, it’s in my name. I’d like to build a portfolio but I plan on forming an LLC. Thoughts on that?Second I’ve hear people say it’s hard to get financing for a mortgage through ...
Joseph O'Sullivan
TSP Loans - Current Pros and Cons
Hi All,As I look at my options to finance my first RE deal, I was researching the early withdrawal penalty from TSP (Federal equivalent to 401K) and just learned that I can take out a TSP loan with no penalty, no tax ...
Robert Jordan
Maximizing STR returns with Occupancy limits
I am interested in hearing about others experience with maximizing occupancy for STR. In the ski resort area I am analyzing more beds equal more return per night. Problem is the county regulations are strict on listed...
Anthony West
BRRRR Strategy - A couple questions
Hello,I was recently told about bigger pockets and it is great so far. I have been investing in real estate for the last 10 years but have just heard about the BRRRR strategy.It sounds intriguing. I have the cash and ...
Jisu Yu
How is the process of rezoning?
Is it difficult to do rezoning?
Hi I am purchasing a multifamily home for my first home.
This property has 4 units but actually its zone is R2, duplex.
It is lovely home but the only problem is rezoning... Do I tak...
Account Closed
Portland OR SFR zoned industrial
Dear Portland people, I've been in contact for over a year on a SFR zoned industrial in 97211. Originally there were some boundary issues that I wanted investigated, and the surveyor found encroachment issues (between...
Mike D.
Zoning question
I am looking at a property listed as a duplex but zoned as a single family. It has two sperate units and has been rented out in the past. Right now, the owners are living in the downstairs unit and the upstairs unit i...