I'm new to REI and am in the process of learning. While researching various areas, I came across a 6 unit apartment complex that has great numbers. It's been on the market for 75 days and is currently bank owned. Woul...
When it comes to real estate financing, there are several options available, including agency loans, community bank loans, and bridge loans. Each type of loan serves a different purpose, and choosing the right one can...
Recently I purchased a house did overpay 60K my offer was the second highest offer seller didnt accept that but they called me back after a month since the first offer didnt go thru, I gladly moved forwad and recently...
Help! We are ready to start investing in our multifamily rental portfolio. We hope to gain passive income to fund a comfortable retirement, by getting started now, in our early thirties. We would like to avoid making ...
Hello, I'm looking to FHA finance a 3 unit property in south Florida.I was told by one lender that that would not be possible; I find that hard to believe. Would someone be able to explain to me FHA requirements on Mu...
Hi, newbie here. I got a math degree but have been truck driving for the last 9 years across country with a couple stints in both the Texas and North Dakota oilfields. For the past few years I have invested in the sto...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $125,000
Cash invested: $20,000
Unit A 3/2
Unit B 1/1
Unit C 2/1
What made you interested in invest...
As some have heard today - starting this November conventional loans now allow owner-occupant multi-family purchases with a 5% downpayment!
This is big news - something I wish I had an option of doing on my first 3 h...
My idea is to "house hack" a triplex but there's nothing available in my area right now. What lending options do I have for building new? Are there options to finance an empty lot + construction?
Hi all,My wife and I have been renting in SLC for the last 6 months saving up for 20% down payment on a house with a Mother-in-law apartment near our work in SLC. I've found some decent homes costing roughly $1.25 pe...